In case you haven’t been following steel news, Crucible Steel went through a bankruptcy and no longer exists. I interviewed Bob Shabala of Niagara Specialty Metals about this transition several months ago. Niagara is the company that purchased ingots from Crucible and would hot roll, anneal, and distribute them to knife companies and steel suppliers. They have also recently started a new online store to better sell directly to individual knifemakers. Niagara has managed to keep production going for a wide range of Crucible (and other) knife steels, including:
MagnaCut, CPM154, S30V, S35VN, S45VN, S90V, 3V, 4V, CruWear (NSM Wear), 154CM, 20CV, M4, CPM D2, D2, 440C ESR, 416SS, 6-4 Titanium. MagnaMax should be available in early 2026.
Erasteel purchased the rights to Crucible Steel trademarks. Erasteel is headquartered in France, but its powder metallurgy production is in Sweden. Niagara worked with Erasteel to retain the exclusive rights to purchase MagnaCut ingots and sell the steel to knifemakers and knife companies. Erasteel produces very high-quality powder metallurgy steel. Bob Skibitski was the head of the powder metallurgy steel production at Crucible Steel for 20 years and was hired by Erasteel. He reports that Erasteel production yields higher-quality, “cleaner” steel. You can read his thoughts in an article on Niagara’s website.
As has been the case most often, there is a video to accompany the article…
As always, Dr. Larrin does a great job. I was less interested in the specifics of composition than I am in the process. Understanding the supply chain and business system impact is much more interesting to me than the alchemical madness that is actually happening on a molecular level. But I always learn something about that too.
Read the whole thing at KnifeSteelNerds.com
Testing Erasteel MagnaCut (vs Crucible Original)
Read the full article here