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The goals in hardening steel for springs or cutting tools is, or should be, the same. You want fine grain and all the hardening you can get. Both together make up the core of strength in high carbon steels. The only difference between heat treating springs and cutting tools should be the temper. ATF oil works OK for quenching 01 steel, but is too slow in cooling 10xx steels. For cooling 10xx steels, the closest one can get to a commercial quench oil is canola. Canola oil is a fast cooling oil, when heated to 130°. Faster warmed than at ambient because when red hot steel goes into most oils, a vapor jacket around the steel is created, and no drastic cooling occurs until that jacket disperses and allows direct contact between the oil and steel. Warmed canola oil forms very little of this jacket, and cools the steel faster, which is what the 10xx steels require for max hardness. 01 requires a medium cooling speed quench which is more suited to ATF oil. The major cause of broken springs, from my experience, is from large grain growth caused by over heating, improper tools used in removing springs, and as Jerry mentioned, internal flaws, especially in cast springs, which I believe have improved over time. A well cast spring from clean steel can be a very good reliable spring when normalized before HT.