Crucible Industries Update

Does anyone know does Crucible actually have a copyright on the term magnacut? Also not to bring politics into this but with all the talk of tariffs in upcoming trade negotiations, and with china being the leading competitor to US steel companies, Crucible looks like a much more viable prospect for purchase as the market potentially turns. Knife steel is a small component of their business. Other companies such as EQS that does powdered metal ingots for many high tech applications, could definitely duplicate the product but could they actually market it under the Magnacut name?
 
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So if there's CPM MagnaCut from Crucible, then that means we could see CTS MagnaCut from Carpenter or M-MagnaCut from Bohler?
 
LostCause said:
So if there's CPM MagnaCut from Crucible, then that means we could see CTS MagnaCut from Carpenter or M-MagnaCut from Bohler?
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Following that same logic, there's a slightly altered recipe for CPM-D2... Would we start seeing CTS-D2 and it would be the CPM version still?
 
I didn’t read through the entire thread to know if this was mentioned or not but I read elsewhere that only that one location is closing and all their other locations are still in good standing. Hopefully they don’t have to close that location either
 
LostCause said:
So if there's CPM MagnaCut from Crucible, then that means we could see CTS MagnaCut from Carpenter or M-MagnaCut from Bohler?
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The products would be sold by Niagara not by the steel company they are ordering from. So for products where Niagara wouldn't be able to obtain the Crucible trademark there would be a single new name. There would be enough consumer confusion without switching to multiple new names.
 
nautiquess said:
Does anyone know does Crucible actually have a copyright on the term magnacut? Also not to bring politics into this but with all the talk of tariffs in upcoming trade negotiations, and with china being the leading competitor to US steel companies, Crucible looks like a much more viable prospect for purchase as the market potentially turns. Knife steel is a small component of their business. Other companies such as EQS that does powdered metal ingots for many high tech applications, could definitely duplicate the product but could they actually market it under the Magnacut name?
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I don't think the Crucible's specialty steel division faces much competition from China. In fact, they export a lot of steel to China, given that WE Knives almost exclusively uses CPM-20cv, and companies like Bestech and others use Magnacut, s90v, etc.. If we impose stiffer tariffs on Chinese steel, I would expect China to respond with their own tariffs, which might push those companies to switch to Bohler.

On the other hand, Crucible's specialty steel division does face competition from European steel producers, so tariffs against the EU might help.
 
Blade Lab said:
Yes.
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To clarify:
Crucible has the trademarks for CPM, MagnaCut and most of the other cutlery grades we buy from them. We can't use those names without the express written consent of Crucible.

The grades are not patented so we can get the same composition from other mills as needed. New names would have to be used unless Crucible granted us permission. (CPM S90V is the same at Carpenter's CTS 420CW Mod)

Crucible has filed for Chapter 11 bankruptcy protection and would like to sell to someone who will keep the operation going. We don't know when that will happen but we are in constant contact with Crucible and looking forward to working with the new ownership.
 
nsm nsm

Is Crucible or are your dealers selling CPM steels to China? I know we discussed it in the past, but I don't want to misremember what you told me.

Perhaps I can find it in one of our earlier DMs if you don't see this first.
 
I don't know how relevant this is but:

nsm said:
It appears there has been some unauthorized sales of MagnaCut steel, specifically involving Besttech at the Blade Show.
  1. Distribution Policy: MagnaCut is not currently being sold to any distributors in Asia. Crucible confiscated some MagnaCut knives from Besttech at the Blade Show because they violated the MagnaCut trademark. The knives tested were confirmed to be made from genuine MagnaCut.
  2. Unknown Source: It is unclear how Besttech or others have obtained the MagnaCut.
  3. Communication with Distributors: Discussions have been held with authorized distributors to reinforce the rules, emphasizing that any violations could jeopardize their ability to sell MagnaCut in the future.
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Larrin Larrin Was quoting your post about Crucible not owning the rights to "Magnacut." Apologize for any confusion.
 
I think there is some confusion here between having rights to the "name" and having rights to the "formula" somehow being conflated...which are apparently two different issues.

A business that can make MagnaCut (as we know it) in the future, may or may not be able to use that name for the steel they produce.

(Sort of like "The Artist Formerly Known as Prince" to use Prince as an example. Same guy, new name.)
 
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