ΔE 6.8, close: similar, with a visible difference side by side. Tarnished Steel is a little lighter than Grey Knights Steel.
Usually, if you are not matching paint already on the model. Close match (ΔE 7). Tarnished Steel is a little lighter than Grey Knights Steel.
The same difference applies the other way round: Grey Knights Steel is a little darker.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Grey Knights Steel on the colour wheel See Tarnished Steel on the colour wheel
All matches: Grey Knights Steel equivalents · Tarnished Steel equivalents