The BladeForums.com 2024 Traditional Knife is ready to order! See this thread for details:
https://www.bladeforums.com/threads/bladeforums-2024-traditional-knife.2003187/
Price is $300 ea (shipped within CONUS). If you live outside the US, I will contact you after your order for extra shipping charges.
Order here: https://www.bladeforums.com/help/2024-traditional/ - Order as many as you like, we have plenty.
I have been using this ...
Basically, what steel types should I be looking at when purchasing a blade?
Steel. VERY complex subject. The steel itself is a good place to start learning, but heat treat and blade geometry will tell you more about how well the knife will work for you.
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Esav said it best, but I will add that no one steel is optimum for all uses. Like all other designs, the steel chosen for a knife is a compromise. Each steel provides a combination toughness, edge holding, and corrosion resistance. Cost of the steel and machinability of the steel also enter as cost factors. The steel you need varies with the primary usage of the knife.
Like the man said, "Very comples".
Let's talk about a specific knife, the CRKT/AG Russell Sting. This is sort of the opposite of the currently popular overly hard stainless steel knives. This is the tough sort of knife to take into bad places when you can't afford for the knife to break. Some unsophisticated people would say that the 1050 alloy is a cheap generic carbon steel with only 1/2% of carbon to harden it. They would say that 54-55 RC is way too soft for a knife blade. For example their combat knife is made from 1095 alloy and is hardened to 58 RC. The difference is that if you had to pry your way out of trouble with a knife you are much likelier to break the tip off of a 58 RC blade. That 1050 alloy is what you would use to make a knife or a plow blade. It is tougher than 1095 and monumentally tougher than any of the stainless steels in your original chart.