Hi Chris
I am suggesting it because you seem to want an alternative to silver steel.
Quoting (loosely) from J Malcolm Wild (Wheel and Pinion Cutting in Horology) silver steel used to be available in free machining form which had 0.2% selenium to increase the machinability (KEA108). Selenium is no longer permitted as an addative for steel so Wild quotes alternatives as EN24T EN8DM and silver steel.
EN24T actually machines quite well with a good finish and is supplied hardened and tempered. Readily available it needs no further heat treatment. It is specified for gearing being resonably tough.
EN8DM machines more easily than EN24T. It can only be hardened by induction or flame hardening (or presumably case hardening).
And then there is Silver Steel which according to Wild can vary considerably in machinability. As far as I can gather the reason for this is the manufacturing process where the smaller sizes can have a work hardened skin due to cold drawing which in the smaller sizes may be quite deep and not removed by the centreless ginding to finished size. George Thomas stated that machinability in Silver Steel benifits from annealing which get round this issue. Alternatively machining a larger diameter rod down to size may help. Other better informed Metallergists on the forum may add to the above or put me right if I'm off track.
English clocks generally use higher module pinions than French clocks. For small diameter (Low Module pinions) hardening and polishing becomes more desireable or for 30 day or month going clocks where low friction is important.
Hope that answers your question
regards Martin