The BladeForums.com 2024 Traditional Knife is available! Price is $250 ea (shipped within CONUS).
Order here: https://www.bladeforums.com/help/2024-traditional/
CPM M4
Super Blue steel
CPM 3V
Looking at higher steel cost, plus an extra 500 degrees in austenizing and tempering temps, with longer hold times. An M4 mule wouldn't cost $40, I'd wager.