M2 is probably the most common high speed steel (HSS). All material sold as M2 sold is not the same, but "legitimate" M2 should meet an industrial standard. The following table shows composition of M2 (a quick Googling yielded this chart). Some of the critical (and more expensive) materials have acceptable percentage ranges depending on the desired properties and use of the M2. If a manufacturer wants to be the low price leader they have latitude in skewing the percentages to the low end purely as a price saving. When you buy "no name" M2 you won't know for sure if it even meets any standard or suits your intended use.
Carbon 0.78 - 1.05
Chromium 3.75 - 4.5
Iron Balance
Manganese 0.15 - 0.4
Molybdenum 4.5 - 5.5
Phosphorus 0.03 max
Silicon 0.2 - 0.45
Sulphur 0.03 max
Tungsten 5.5 - 6.75
Vanadium 1.75 - 2.2
I suggest buying only name brand M2. Avoid eBay, HF, low price online sellers, etc, etc. The name brand material will be priced accordingly, still shouldn't be a problem beating Sorby's prices. McMaster should be a good source, they usually don't list manufacturer's names, but will tell you if you call and ask.
Name brand M2 will have the manufacturer's name etched on it and maybe something indicating their special formulation. Once you know the brand name being sold you can go to the manufacturer's website to determine which of their products is best for your use. Some formulations could be designed for impact resistance (not important for turning), others could be formulated to keep a sharp edge.