What about Buck's 17-7PH?
I wonder if anyone has any experience with this?
17-7 PH is a chromium-nickel-aluminum precipitation hardening stainless steel. The alloy is used for high strength applications that require good salt-water corrosion resistance. Precipitation hardening alloys develop hardness at relatively low temperatures. This characteristic allows hardening with very little distortion, a property that is useful in aerospace applications.
Buck Knives uses 17-7PH specifically for knives that are designed for water-related activities. Most dive knives made today use Type 300 series stainless which has excellent corrosion resistance but low hardness and poor edge retention. 17-7PH is a good compromise between the higher hardness martensitic stainless steels that have relatively low salt-water corrosion resistance and Type 300 stainless steel. 17-7PH can be hardened to Rc54 -55 for reasonably good edge retention. The very high strength of 17-7PH makes it ideally suited for survival type knives.
Stainless Steels are "stain less", not "stain free". In certain environments they will certainly rust. For that reason, we recommend that you protect your investment by thoroughly rinsing the knife in fresh water after each exposure to a salt water environment and apply a layer of protective oil.
17-7 PH is used on Buck Knives new Tiburon water sport knife.
Carbon - .09 [Buck's page says ".7%"; .09 is the actual amount]
Manganese - .5
Silicon - .3
Chromium - 17.00
Manganese - .5
Nickel - 7.0
Sulfur - .002
Phosphorus - .02
Aluminum - 1.25
I wonder if anyone has any experience with this?