I have read now many times that nitrogen replaces carbon and this is why it doesn't rust...but I think this is simply not correct. Now this may be a bit off topic, since this is really of no consequence to the ELU but for those interested, maybe we can get a discussion going:
A conventional steel is hardened due to a transition from austenite to martensite, due to the carbon that is dissolves in austenite is not soluble in martensite and hence occupies interstitial spaces in a stressed matrix. Nitrogen is small, and thus should induce less stress than carbon and even combined carbon and nitrogen together make up about 0.25%....not enough to get to the high hardness measured for H-1. So I don't think that nitrogen replaces anything. I am sure it has many beneficial aspects, such as Ed Schempp noted but I very much doubt that it replaces carbon in the sense that it is responsible for the hardening as carbon is in conventional steels.
Since H-1 is a precipitation hardening steel, something would have to preciptiate. I am sure that nitrides as well as carbides are precipitating, however, H-1 has two elements in large quantities that are often overlooked while everyone is focussing on nitrogen. H-1 contains large amounts of Ni and Si. I suspect that they are actually the reason for the precipitation hardening process, Ni by forming intermetallic compounds that precipitate and have no idea what this much silicon could be doing in a steel.
Non of this explains where the corrosion resistance stems from, the hardening, yes, but not the corrosion resistance. And I have no earthly idea, maybe it is due to the nitrogen, but not likely by "replacing carbon".
Anyways, just musing.
For the ELU only one thing is really relevant: H-1 is great stuff :thumbup: .
P.S. Anyone know where I would find some bar stock of H-1?