According to the chemical composition and the HRC of the Sandvik 12c27 stainless steel, it offers:

Edge Retention: with a 56 HRC, and a good amount of carbon, the 12c27 steel will provide a great edge retention for a knife.

Corrosion Resistance: 13.5% of Chromium offers the 12c27 steel high corrosion resistance, so if you’re using as knife steel, it would great for hunting or fishing.

Wear Resistance: 0.6% of carbon with a small amount of phosphorus gives the steel high strength and, of course, a great wear resistance.

Sharpness: the Swedish steel has a great combination of hardness and toughness, which results in a hard steel knife that can be easily sharpened.

Machinability:  I m not an expert concerning machinability; according to the manufacturer company, its good for machinability, and at the same time the steel has Sulfur, which increases machinability.

Toughness: the 12c27 offers a great toughness thanks to the Chromium in it.