Yes good hard steel ... but i think the Morris version is a better red imp. the 3 pin scales, limit warping and the steel just feels better on the stones. the 3 morris' i have used also sing better while shaving. mind you the case is not bad but the morris is just a little bit batter. i have no experience with the Ludo.
the wiki has some info on straightening the scales but if you are planning on using heat to straighten the Case scales ... be extra cautious they discolor quite easily and by the time you sand that out you are losing some of the logo.
jim