For over a decade, Elmax has been the backbone of the premium knife market. Since its debut in 2009, it established the benchmark for “Super Steel,” offering a reliable balance of edge retention and stain resistance for industry giants like Microtech and Zero Tolerance.
However, the 2021 release of CPM MagnaCut shifted consumer expectations almost overnight. It introduced a generational leap in toughness and corrosion resistance that traditional stainless alloys couldn’t match. For product managers, the dilemma is no longer just about performance—it’s about choosing between a proven, stable supply chain (Elmax) and the high-margin technical superiority of MagnaCut.
Steel Origins: Böhler Elmax vs. Crucible MagnaCut

- Böhler Elmax (The Industry Veteran): Produced by Böhler-Uddeholm using a 3rd-generation powder metallurgy process, Elmax became famous for solving the brittleness issues inherent in older high-carbon steels. It is renowned for its “Superclean” microstructure, which allows for a mirror-polished finish and a stable, high-performance edge.
- CPM MagnaCut (The Modern Standard): Designed by Dr. Larrin Thomas and produced by Crucible Industries, MagnaCut was engineered specifically for cutlery. By eliminating large chromium carbides, it achieves a level of toughness typically found in non-stainless tool steels while remaining effectively rust-proof.
Chemical Composition
The fundamental difference lies in how chromium is utilized. Elmax relies on a high 18% chromium content to fight rust, but much of this is locked in large carbides. MagnaCut uses a leaner 10.7% chromium but keeps it “in solution,” using Niobium and Vanadium to form the hard carbides needed for edge retention.
| Element | Böhler Elmax | CPM MagnaCut |
| Carbon (C) | 1.70% | 1.15% |
| Chromium (Cr) | 18.00% | 10.70% |
| Vanadium (V) | 3.00% | 4.00% |
| Molybdenum (Mo) | 1.00% | 2.00% |
| Niobium (Nb) | – | 2.00% |
| Nitrogen (N) | – | 0.20% |
Official Technical Resources:

Performance Scorecard: Elmax vs. MagnaCut
| Performance Indicator | Elmax | MagnaCut | Winner |
| Edge Retention | 5.5/10 ★★★ | 5.0/10 ★★★ | Elmax (Higher carbide volume) |
| Toughness | 4.0/10 ★★ | 7.0/10 ★★★★★ | MagnaCut (+75% Tougher) |
| Corrosion Resistance | 8.0/10 ★★★★ | 9.5/10 ★★★★★ | MagnaCut (Near salt-proof) |
| Ease of Sharpening | 5.0/10 ★★★ | 6.5/10 ★★★★ | MagnaCut (Finer grain) |
| Hardness (HRC) | 59–62 | 60–64 | MagnaCut (Higher ceiling) |
Detailed Performance Breakdown
Edge Retention
Elmax still holds a slight advantage in pure abrasive wear resistance. Its “toothy” carbide structure gives it aggressive slicing properties that excel at cutting rope or cardboard. While MagnaCut is very close, Elmax is the technically superior slicer if edge longevity is the only metric that matters.
Toughness
MagnaCut’s refined microstructure results in exceptional impact resistance. Independent testing shows that MagnaCut offers nearly triple the toughness of S35VN (approx. 38 ft-lbs vs 12 ft-lbs), making it far more resilient than Elmax, which is more prone to micro-chipping.
Manufacturer’s Note: Using MagnaCut allows you to grind blades thinner for better cutting performance without increasing the risk of tip breakage. This can significantly reduce warranty returns on hard-use fixed blade knives.
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Corrosion Resistance
Elmax is sufficiently stainless for 90% of users, but it can still develop spots in humid coastal environments. MagnaCut, scoring a 9.5, is effectively “saltwater safe.” It competes directly with nitrogen-based steels like Vanax, making it a viable option for marine applications.
Sharpening & Machinability
Customers often report that Elmax can be stubborn to sharpen due to its hard carbides. MagnaCut, despite its high hardness, deburrs cleanly and feels much like carbon steel on the stone.
Production Insight: Elmax is more forgiving in the factory. We have multiple years of heat treatment data on it. MagnaCut requires precise, high-temperature vacuum heat treatment (often with Cryo) to reach 63-64 HRC. If your factory misses the mark, MagnaCut loses its performance advantage.
Cost Analysis & Market Pricing
Elmax: The “Tactical Premium”
- Target Price: $150 – $250 MSRP.
- Strategy: Position Elmax for products targeting “purists” or tactical users who value proven reliability. It carries the prestige of the Böhler-Uddeholm brand without the supply scarcity of newer steels.
CPM MagnaCut: The “Flagship”
- Target Price: $250 – $400+ MSRP.
- Strategy: This is the steel for your top-tier launch. The market hype for MagnaCut allows you to command a premium price. It signals that your brand is on the cutting edge of material science.

Application Guide: Best Use Cases
Scenario A: Saltwater & Marine Environments
- Verdict: 🏆 Use MagnaCut.
- The Logic: For fishing or survival knives exposed to coastal humidity, MagnaCut is non-negotiable. It offers the corrosion resistance of a dive knife with the strength of a bushcraft knife.
Scenario B: Premium Everyday Carry (EDC)
- Verdict: ⚖️ Use Either (Depends on Price Point).
- The Logic: For slim folding knives, both are excellent. Choose Elmax if you want to offer a premium knife at a competitive price. Choose MagnaCut if you are targeting the “enthusiast” market that demands the latest tech.
Scenario C: High-Performance Kitchen Cutlery
- Verdict: 🏆 Use MagnaCut.
- The Logic: The fine microstructure of MagnaCut allows for incredibly thin, stable edges—perfect for kitchen knives. Its corrosion resistance handles acidic foods (lemons, tomatoes) effortlessly.
Partner with Keganico

At Keganico, we optimize steel selection based on your target margin and brand positioning.
- For Custom Projects: If you are launching a flagship line, our OEM Service provides the engineering expertise to handle the precise heat treatment MagnaCut requires.
- For Brand Expansion: Need to scale quickly? Explore our Private Label Service or Wholesale Service for market-ready options using proven steels like Elmax.
Contact Keganico Today to request a quote and see which steel fits your budget best.

