Cobalt is right about H1 not being that wear resistant. It is a work hardening steel so the grinding process ups the hardness to the point the serrated versions measure in the middle 60's rc and have fairly good wear from that. Plain edge not so much though and regular sharpening doesn't work harden the steel from my experience. It is pretty tough though.More so than the 440 series of steel.
The biggest thing is that there aren't any custom makers that use H1 that I know about. It's still fairly rare and made by just a couple factories in Japan who use it for knives imported by Spyderco, and used to be Benchmade though I believe they stopped.
If you want mostly corrosion resistant and fairly tough steels then 440A ( not 440C), Aus 6, 12C27 and a few other steels can provide that.
Throw in the need for abrasive wear resistance and the list changes substantially. Like most things the steels used are balances of the 3 main attributes. You select from the steels the same way you do knife and lock designs. It's what you need the knife to do, the price range you want to spend and the availability of the steel you choose in a platform that satisfies your other needs.
it's a series of compromises.
joe