Depending on where the 440C comes from is a world of difference.
I'm learning this the hard way. I have a bar of 440C (won't mention where I got it, except to say it's not from a dealer or member here) that I bought just to check out this well-known alloy. Unfortunately, it seems like it came from not-the-best mill or something.
It drills and grinds just fine, but as soon as I get a halfway decent grind on it, I can see weird marks in the steel. Can't get a decent picture of it, but it reminds me of the "floaters" you see in your eye when you look at the sky or a snowbank, little wiggly marks all over that only show up at a certain angle. It's an irregular pattern all throughout the entire 36" bar. It shows up at a rough 50-grit grind and only gets more noticable the finer I go. It's downright fugly.
Anyone ever seen this? Will it go away after HT? Part of the reason I wanted to try 440C was for the fine finish it's known for, but obviously the knives from this bar won't look good that way. I suspect I'll have to give them a very basic machine finish and that burns me up because I'm trying to learn how/establish a reputation for a nice clean hand-rubbed polish.
Frankly I'm not amused at all because it remains to be seen if I'll even have enough confidence to sell these knives. To me, it's a pretty expensive learning experience when I add up the steel, belts, labor and HT costs. I have a couple hundred dollars tied up in ugly knives I'm not sure I can sell! :what!: To make it even more fun, I have two very large and expensive 440C blades (from a different supplier) for a custom order being cut by waterjet as we speak... more money and time invested. Luckily the looks of the steel won't matter as much for these two because the client wants them oxide-coated anyway. But it still makes me leery.
I've
never seen this on CPM-154, O1, 1080, 1084, CPM-3V or D2, and I've ground and finished many, many feet of these alloys. I'm not biased against 440C; I've seen many beautiful and durable knives made from it. But I won't be ordering any more, especially not from that supplier.

When it comes to SS I'll stick with CPM-154.