:roll: mikey, as an OLD machinist that has worked in the aircraft industry for over 47 years let me assure you there are major differences in steels from manufacturer to manufacturer, and sometimes from batch to batch by the same producer.
For example, look back to the period after WW II, the quality of the German, Swiss, and Swed steels were still among the best. Japan was producing pure junk. Today things have turned around, Japan now makes excellent steel, maybe even better than Germany, Swiss or the sweds.
Most of these countries today, along with America have very high quality controls in their steel plants. If you really want to see a difference in steels look at Mexico, China, Korea (but they are getting better). At one point Spanish (Toledo) was one of the better steels, but today even theirs is questionable.
Based on my experience, I do think the quality of any firearm hinges on who produced the steel it was made from. Granted it may not be a serious issue until you try to hop-up an old milsurp. Use caution, or experience the pain of a bolt with the lugs sheared off in your face.