Posted by roy entwistle on 25/08/2020 09:13:11:
Sillyoldduffer Surely any steel is an alloy 
True, but to be technically accurate Carbon Steels (0.05 to 2.5% C) are defined specifically as:
- no minimum content is specified or required for chromium, cobalt, molybdenum, nickel, niobium, titanium, tungsten, vanadium, zirconium, or any other element to be added to obtain a desired alloying effect;
- the specified minimum for copper does not exceed 0.40%;
- or the maximum content specified for any of the following elements does not exceed the percentages noted: manganese 1.65%; silicon 0.60%; copper 0.60%.
Alloy Steels are defined in the opposite sense as being any steel containing more than 1% of elements other than Carbon and Iron.
Silver steel breaks Rule 1. It's not a Carbon Steel.
The distinction is important because adding small quantities of elements other than Iron and Carbon radically alters the properties of the metal, governing how tough, malleable, strong, springy, hard or machinable it is. And how it responds to heat-treatment.
My point about Silver Steel aka Drill Rod remains: it's an alloy steel designed to simplify heat treatment in ordinary workshops. High-carbon steels behave similarly but need more care. They have to be cooled at just the right temperature and speed. Get it wrong, and the metal won't harden, or will over-harden and crack during the plunge, or warp. Small parts are extra tricky. Silver-steel is less fussy, making it worth spending a few bob on it rather than faff about hardening plain carbon steels.
Carbon steels are often used for cheapness, but they require more elaborate heat-treatment facilities than a blow-lamp and bean tin full of water! These days manufacturing seems to favour other alloy steels for making precision small parts like razor blades. Cheaper in a production environment to grind hard metal than to machine soft and then heat-harden.
Dave