The high carbon content and adequate chrome content in the ATS steels provides good combination of edge retention and corrosion resistance, with the emphasis being more on edge retention. The addition of molybdenum, primarily for high temperature warp resistance, also adds grain refinement to the steel. ATS-55 is a refinement based on ATS-34. In ATS-55 corrosion resistance is significantly improved over ATS-34 and testing shows edge retention to be comparable. Compared to VG-10, ATS-55 has slightly less chrome and slightly more carbon. The cobalt and molybdenum content is higher in VG-10, alloys that increase strength and hardness. I know that doesn't directly answer the original question, but it's like asking someone "What's the best stuff to put in a stew?" Ask 20 people, get 20 answers.
What some steels favor in edge retention, they may lose in corrosion resistance or sharpness.
Sal has said before "Try to think of steels as being 'different' rather than 'best'. Best changes. Besides, forumites would get bored eating the same style burger at every meal."
I'm sure Sal will post and clarify for us all. Think of my answer as the preamble....
Danelle
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