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Not all MIM parts are created equal. You cant just lump all MIM parts together. The MIM process can vary a lot in manufacturing.
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Yup. And don't forget that not only does the process vary, but there are quite a number of different powdered steel alloys that can be used. In the knifemaking world, blades manufactured from powdered steels (most of which are manufactured by Hitachi) are considered top of the line for hardness and edge retention (though not always rated so highly for toughness).