I would
1. log on to dixiegunworks.com and buy their book on spring making by the late Kit Ravenshear, about $6 U.S..
2. log on to abebooks.com and get all of the out-of-print gun making stuff by Kit Ravenshear. Cost these days in the range of $16 U.S.
I have been a metallurgist since our JFK was having fun with the ladies in the White House. There are a lot of choices of what steel to use. How you design the thing, finish the metal, and heat teat it may all be more important that which steel you use.
The very most important property of any steel is AVAILABILITY. Sounds like you already know this. In the USA I would buy through the internet from one or the other places that sell small quantities. Over here that means
www.mcmaster.com and
www.onlinemetals.com Onlinemetals is ThyssenKrupp owned, there must be something similar in Scandanavia. Shipping costs of anything from the USA to the World are prohibitive, or so it seems to me.
I personally would not make anything out of a resulphurized or phosphorous added steel. There is absolutely nothing good about these steels except they do machine very well, which is the reason for their existence. They make nice, crumbly little chips, not those nasty long curly things. I sincerely doubt that machining at a slower speed is a problem for you.
Nevertheless, the best lockmaker in the USA uses these steels.