Yes, I believe I understand all this, although as for the exact process, those I do not. You can have the best ever steel hardened poorly and be worse off than average or poor steel hardened to perfection... all depending on, well, many factors. My assumption here is that we are dealing with brands like Snap-On and Nepros, as just added, and given their status in the market, I believe they at least do things mostly correct. If we would be talking about Harbor Freight using such steel, I would think a bit differently. Given that the brands in question here are best in class, I tend to believe they at least make a proper attempt at doing things properly.The steel alloy isn’t the only thing that matters.
The way the steel is processed from the ray bar, to the finished shape also matters, as does the heat treating process, then the finish that is put on the wrench.
Changing the steel alloy could not only be to produce a “better” finished tool, it might also be used to make fabricating the wrench easier or more consistent.
Alloying elements might be changed to make machining easier.
If I owned or consulted for a business to improve efficiencies, I would identify certain things. In this case, if I see (given the actual data from others) that a metal was used that could not justify its cost, it should be replaced with something cheaper. In most cases, it is cheaper to reduce production costs and change marketing than it is to do improper manufacturing and use that as a sales tool. If a product is manufactured with materials that are expensive and the process is not proper, that is internal waste. I would hope that established brands have eliminated such easy things to identify, but I guess it is possible. Snap-On does have poor financials, but it is hard to dig in as they are private, and I do not work for them to have access.
EDIT: RE financial: Just looking at basics, Snap-On drivers get what, 36%? When you compare this to all other retail, this is extremely low. Not to mention the price of the Snap-On tool are extremely high. So corporate is already accounting for the costs of R&D and all that, but even after, they take most. Plus, the driver pays franchise fees and many other costs. The cards are stacked against their sales force, heavily tilted in favor of corporate. Not a GJ topic again, but I mentioned financials, so I wanted to at least make a small statement.
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