Steel making technology continues to advance and the better alloys today are some of the best materials ever produced, just not all are very suitable for knifemaking

, so it could be a matter for perspective. High tech applications are getting alloys of quality never before dreamed of, while knifemakers are still working with the same alloys that have been around for a century or more. I bigger problem with our steels is that they are dinosaurs and we may not be able to get them soon, regardless of their quality, as they are consigned to the shelves of obsolescence.
As for our simple steels, I guess it all comes down to who is making them and their quality control. The problem to watch are the trace elements, those little chemistry numbers off to the side of the actual alloying on the spec sheets. Things like copper, which is problematic for an obvious reason; when recycling modern objects, so many of them will contain wiring and other electrical components made from copper. If this isn’t meticulously picked clean and separated how much copper inadvertently gets added to the remelt? Steel is one of the most recyclable materials we have ever had but we need to keep it clean when doing it.
As for using old scrap junk on the chance that it may be better 1095 than what is being made today. Well with the new stuff I can at least see a chemistry with those trace elements and determine that myself, and still nail the heat treat, regardless of the microscopic rough spots. I could heat and re-heat treat for the next year on a rusty old chunk of mystery metal and still not have much to show for it. I will take the dirtiest chunk of new 1095, and know exactly what I am getting, both the good and the bad, over unknown junk any day. The logic is pretty cut and dried.