"It just strikes me as odd that a steel as good as INFI was developed and only Jerry has access to it. It usually takes lots of time and money to develop a significantly different/better steel, and I can't imagine any steel company being satisfied with the quantities that they sell to Jerry. How do they recoup their costs?"
And blademan 13 said:
"Very good point. I have often wondered how INFI came to be. I would imagine that Crucible spent a considerable amount of money before they were satisfied with their S-30V."
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I think the answer to this riddle is that Jerry Busse designed INFI himself. Here are a couple of quotes among many I've seen which have lead me to this conclusion:
Ron Hood:
"Busse Combat Knives has just introduced a new steel called INFI. Historically, developing new steel has been extremely expensive due in part to the large quantities that had to be run. There are, however new processes in steel manufacturing which allow for small quantifies to be made. Couple this with state-of-the-art computer programs that can test an analysis before actual production begins and the costs become much more manageable.
With these new systems in place Busse Combat set out to develop a steel specifically for combat and survival knife applications that features enormous wear resistance, toughness levels never before dreamed of, ease of maintenance and easy field re-sharpening.
After signing a confidential disclosure form with Busse Combat I was allowed to examine the analysis of INFI. These guys are really keeping a tight lid on this steel until they have patent protection. It seems to defy many rules of knife making metallurgy. It also introduces a new steel manufacturing process to the cutlery industry that is sure to have long lasting ramifications.
I searched through every book that I have on modern steels and I was unable to find anything similar. I questioned a number of metallurgists about one of the key elements and they were unaware of its use in any tool steel. I was able to examine the patent applications filed by Busse Combat and the initial searches done by their attorneys look very promising."
http://web.archive.org/web/19980613235149/www.survival.com/mistress.htm
And Jerry Busse, himself:
"Are we excited about INFI? Oh yeah! In fact it is difficult to contain ourselves. We have invested a lot of time and money in this project. We were prepared to invest more until we got it right. Luckily, more than ten years and countless bucks later we hit the jackpot!"