Cobalt in High Speed Steels

One of the most important additives in High Speed Steels (HSS) is cobalt, mainly for its effect on the hot properties. Based on statistic data about the increased price of cobalt and its negative effect on human health, an ethical and financial barrier in the steel industry have occurred. In order to solve the problem, it is of great importance to examine the future cobalt price and accessibility, as well as examine the possibility of finding alternative substitutes to cobalt. The purpose of this project was therefore to examine alternatives to cobalt as an alloying element in HSS. A qualitative literature study was performed by analyzing the economy of cobalt, studying the main reasons for cobalts tendency to improve the hot properties of the steel and finding alternative elements to replace, or at least reduce, cobalt in HSS without degrading the hot properties. Cobalt is used both in the chemical and metallurgical business. But the demand of cobalt is largely driven by chemical purposes with the focus on its rechargeable battery applications. The analysis shows that there is nothing pointing at a significant decrease of the price of cobalt. Lithium ion batteries stands for about 50% of current cobalt supply, which is why the price has surged the recent years. The market for electric vehicles and rechargeable batteries has skyrocketed. To decrease the price of cobalt, a substitute for cobalt in rechargeable batteries would need to be found, which is not very likely for the time being. The effect of cobalt in HSS is mainly on the red hardness and tempering resistance. Cobalt increases the bonding strength in the steel matrix and changes the microstructure of the finer secondary carbides. Also the growth rate and coalescence rate of the carbides decreases. This causes the red hardness and the tempering resistance to increase. To replace cobalt, several alternative alloying elements have been researched. Among the most promising are niobium, nitrogen and aluminium, where niobium were found to be of most interest, due to the broad support of relevant articles in the field of powder metallurgical processing. The positive effect of niobium could be regarded as three-fold. The first contribution is the refinement of grain size and homogeneity of the primary carbides, which increases the overall hardness. The second effect is that the addition of niobium shifts the phase equilibria in such a way that the precipitation of primary carbides mainly will be in the fo