I can't find any references to AISI 1010 in MSS-SP-58, but section 4.7 in the document specifies the 25% reduction that Hilti applied as you pointed out.
Several different factors can contribute to safety factors much greater than typical structural specifications:
- MSS-SP-58 (and presumably whatever Hilti product you're looking at) was specifically developed for pipe hangers and supports. Safety factors for mechanical applications tend be grossly over-conservative to account for fatigue and other accidental loading conditions, and
- AISI 1010 doesn't specify any particular strength but only the composition. Unless tested or specified, the steel MAY have different properties/strength variabilities than A36 or A992.
Structural Design Engineer
New York, NY