Reynolds 531 refers to the ratio of the major elements. Myth?

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Location
Loch side.
The info is from "The Custom Bicycle, Michael Kolin and Denise de la Rosa", the chapter about Bicycle Tubing page 24.
Quote “Reynolds 531 is a manganese-molybdenum tubing the 531 refers to the ratio of the major elements it contains.”

Maybe, the book is incorrect.............
Just maybe.
 
Location
Loch side.
It'd still be 501 dude to the O down the middle of the tube.
No no no no. That's 5o1 you are thinking of. 501 is the ovalised tubeset. Much rarer.
 
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