Abstract: Steel alloys susceptible to case and core hardening comprise 0.05 to 0.24 weight percent carbon; 15 to 28 weight percent cobalt and 1.5 to 9.5 weight percent in nickel, small percentages of one or more additives: chromium, molybdenum, and vanadium; and the balance iron. Carburized roll form and punch dies and tools made from case hardened steel alloys with a reduced hardness core provide high wear and fatigue resistance as well as improved contact and bending fatigue resistance thereby avoiding premature failure and extending the useful life of such tools.