4116 stainless steel is an alloy steel made by Thyssen-Krupp, a German steel manufacturer. It has a high carbon content of 0.55%, which makes it hard. It also has a chromium content of 15%, which gives it excellent corrosion resistance. It is also used for making high-end cutlery, surgical instruments, and Swiss Army knives.

Some of the features of 4116 stainless steel are:

Hardness: It has a hardness of 55-57 HRC on the Rockwell scale.

Ease of Sharpening: It is relatively easy to sharpen, allowing users to maintain the knife's sharpness with minimal effort.

Versatility: Knives made from 4116 stainless steel are versatile and suitable for a range of cutting tasks, including food preparation, outdoor activities, and general utility.

Affordability: 4116 stainless steel knives are often more affordable than knives made from high-end, premium steels, making them accessible to a wide range of consumers.

Widely Used: This steel is used by various knife manufacturers and is commonly found in kitchen knives, pocket knives, and outdoor blades.

Toughness: It has a high toughness, which means that it can stand pressure and stress from tough applications without breaking or chipping. This is due to the high chromium content, which also improves the hardenability of the steel when heat-treated.

Edge retention: It has a decent edge retention, which means that it does not lose its sharpness quickly after use. This is because it has a higher carbon content, which affects the formation of carbides that enhance edge retention.

In conclusion, 4116 stainless steel is a better steel compared to other steels at the same price range, it is more competitive and offers superior performance. 4116 stainless steel knives are favored for their resistance to corrosion, durability, ease of maintenance, and versatility in various cutting applications.