John Bradleys' 3 books "The Racing Motorcycle, A technical Guide for Constructors." are the bible for advice on this sort of thing. Volume 2 covering chassis materials & construction techniques is superb guide to materials and their appropriate use even if you have no intention of building a bike. Hopefully it will be back in print sometime. He is a professional engineer who has built his own racing bikes from scratch (all bar the engine) in a home workshop and remains a well respected consultant to race teams on suspension and set-up matters.
An all round nice man too.
John says :-
"I really like 605M36 T (EN16T) and use it in the T condition for virtually all spindles that do not involve individual heat treatment. It is widely available in this condition and may also be inclusion modified for easy machining.
This is a manganese-molybdenum steel with excellent toughness and shock resistance at normal temepratures. 605M36 is much less suceptible to temper brittleness than the chromium based alloys. 605M36 can easily reach T condition in our sort of sizes and only much larger sizes (eg 60 mm diameter and above) will be offered in the lower ranges such as R or S. I have used 605M36 T for 35 years and it has alaways been a trouble free option."
"709M40 T (EN19T) is a very popular chrome-moly steel which is again available off the shelf in T condition. It is more highly alloyed than 4130 chome-moly and actually corresponds to SAE 4140.
There have been several variants, each with slightly lower chromium and molybdenum than the original due to the Euro Norms rationalisation. Talk to your supplier.
I use709M40 if 605M36 cannot meet my ruling section requirments. 709M40 can go higher up the tensile range, it also nitrides well."
"817M40 (EN24T) is a long established nickel-chrome-moly steel, extensively used for larger components, or those where high tensile strengths are required.
It can cover tensile ranges W, X and Z up to 29 mm (1 1/4"
diameter. It is, in effect, overkill when limited to T range in small sections. Many people use 817M40 on the grounds that is is more expensive.
I don't completely agree ….. Table 2.7 shows the actual mechanical properties of 605M36 T, 709M40 T, and 817M40 samples. You will note there is little to choose except that 817M40 tends to come out towards the top of the range, 709M40 T towards the middle and 605 M36 fractionally lower. Over the years I have talked to many manufacturers and no has been able to give any significant advantages for any one of these three when used in T condition except for 605M36 becomes brittle sooner at very low temperatures (-20°C) than the others.
However one thing is certain 817M40 demands much more careful control of heat treatment than the other two. Faulty heat treatment leads to brittle failure, even in T condition."
For folk like us the big difficulty is getting a foot or so of steel to known composition and heat treatment. 605M36 T with a proper certificate is the only safe choice. Wheel spindles are no place for a steel which may not have the expected impact and shock resistance (709M40 T) or is likely to be vulnerable to brittle failure (817M40 T) if you happen to get the bad bit out of the bar.
Our suppliers aren't equipped to verify properties. They have to take it on trust. I've had some right weird stuff appear that really wasn't what it said on the tin. Generally materials are good but sometimes….. That said the only time I'd make a wheel spindle was if I didn't trust what I could buy. And if it costs silly money for tested material its a darn sight cheaper than my neck.
John MC is quite right in saying that properly selected stainless steel is up to the job but can you actually buy a short length of the right stuff in the right condition.
80M40 (EN8) can only manage tensile range R up to 19 mm (3/4"
diameter so not up to it even if you can reliably find it in R condition.
Clive