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Why would you want to? There are already so many alloys from the simple 1084 to the voodoo CPM steels to choose from. I'd bet it you looked you could find an alloy already in production that pretty closely matches your "magic" alloy. I've got a printout at work that's at least 10 pages of various tool steels. And with those you don't have to work out the heat treat, it's been done for you.
I'm not saying there isn't any new alloy combinations to try, all it takes is time and money to figure them out.
The biggest thing though, sometimes you need apples sometimes oranges. One alloy might work fine for a skinner but to make a rough use knife from it would invite catastrophic failure.
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