This is a very common high-strength alloy steel used in hand tools like combination spanners/wrenches.
It includes:
• Chromium (Cr) for hardness, corrosion resistance, and durability.
• Vanadium (V) for added toughness, wear resistance, and strength.
TOOLMAK (the brand here) uses chrome vanadium steel in many of their tools, including spanner sets like this TMK19826 model. It’s not plain carbon steel or something softer—CR-V is a standard, reliable material for quality combination spanners, offering good torque handling and longevity without being overly brittle.