Tool steel vs. cobalt for magnets - What is The Difference?

Last Updated May 21, 2025

Tool steel offers excellent hardness and wear resistance for magnet manufacturing, while cobalt provides superior magnetic strength and corrosion resistance. Choosing between tool steel and cobalt depends on balancing durability with optimal magnetic performance.

Table of Comparison

Property Tool Steel Cobalt
Magnetic Permeability Moderate High
Coercivity Low to Moderate High
Magnetization (Saturation) Medium Very High
Corrosion Resistance Low to Medium High
Wear Resistance High High
Temperature Stability Up to 400degC (752degF) Up to 700degC (1292degF)
Common Applications in Magnets Magnet cores, basic magnetic tooling High-performance magnets, industrial magnetic devices
Cost Lower Higher

Introduction to Tool Steel and Cobalt Magnets

Tool steel magnets, made from high-carbon steel alloys, offer excellent hardness and wear resistance, making them ideal for applications requiring durability and strength. Cobalt magnets, typically composed of cobalt-iron alloys, provide superior magnetic performance with high coercivity and temperature stability, essential for high-performance magnetic applications. The choice between tool steel and cobalt magnets depends on the balance between mechanical robustness and magnetic efficiency required for specific industrial uses.

Chemical Composition Differences

Tool steel typically contains a high percentage of carbon (0.5-1.5%) combined with elements like chromium, vanadium, and molybdenum, optimizing hardness and wear resistance. Cobalt magnets are primarily composed of cobalt (around 60-70%), iron, and other elements such as nickel and carbon, contributing to strong magnetic properties and high-temperature stability. The key chemical difference lies in cobalt's dominance in magnetic alloys versus the diverse alloying elements in tool steel that enhance mechanical strength but offer limited magnetic performance.

Magnetic Properties Comparison

Tool steel exhibits moderate magnetic permeability and retains magnetization effectively, making it suitable for general magnetic applications. Cobalt, known for its high magnetic coercivity and saturation magnetization, outperforms tool steel in maintaining strong and stable magnetic fields under varying conditions. The superior magnetic properties of cobalt alloys, including enhanced remanence and resistance to demagnetization, make them ideal for high-performance magnets compared to typical tool steels.

Strength and Durability

Tool steel offers high strength and excellent wear resistance, making it suitable for applications requiring durability and toughness. Cobalt-based magnets, such as SmCo, provide superior magnetic strength along with excellent corrosion resistance and thermal stability. While tool steel excels in mechanical durability, cobalt alloys deliver stronger magnetic properties essential for high-performance magnet applications.

Temperature Resistance

Cobalt alloys exhibit superior temperature resistance compared to tool steel, maintaining magnetic properties and structural integrity at temperatures exceeding 600degC, while tool steels typically perform optimally below 400degC. Tool steel magnetic components may suffer from loss of magnetism and mechanical strength at elevated temperatures due to phase changes and oxidation. Cobalt magnets are preferred in high-temperature applications such as aerospace and automotive industries due to their enhanced thermal stability and corrosion resistance.

Applications in Magnet Manufacturing

Tool steel and cobalt differ significantly in magnet manufacturing applications; tool steel is primarily used for structural components due to its hardness and wear resistance, while cobalt is crucial for producing high-performance permanent magnets like samarium-cobalt. Cobalt-based magnets exhibit superior temperature stability and corrosion resistance, making them ideal for precision instruments and aerospace applications. The choice between tool steel and cobalt depends on the required magnetic properties, operational environment, and durability standards in magnet systems.

Cost and Availability

Tool steel offers a cost-effective and widely available option for magnet fabrication, making it suitable for mass production with consistent performance. Cobalt, while more expensive and less abundant, provides superior magnetic strength and high-temperature resistance, justifying its higher price for specialized applications. Availability of tool steel ensures lower lead times and reduced expenses, whereas cobalt's limited supply drives up both cost and procurement complexity.

Machinability and Workability

Tool steel offers superior machinability due to its balanced composition, allowing precise cuts and detailed shaping essential for complex magnet housings. Cobalt, while harder and more wear-resistant, tends to have lower workability and requires specialized tooling to machine effectively. The choice depends on the desired balance between ease of fabrication and magnetic performance durability.

Corrosion Resistance and Longevity

Tool steel offers moderate corrosion resistance but tends to degrade faster in humid or chemically aggressive environments compared to cobalt alloys. Cobalt magnets excel in corrosion resistance due to their stable chemical composition, ensuring longer operational life in harsh conditions. The superior longevity of cobalt magnets makes them ideal for applications requiring sustained magnetic performance and minimal maintenance.

Choosing the Right Material for Magnets

Selecting the right material for magnets requires understanding key properties of tool steel and cobalt. Tool steel offers excellent hardness and wear resistance, making it suitable for applications with mechanical stress, while cobalt provides superior magnetic strength and temperature stability, ideal for high-performance permanent magnets. Evaluating factors such as magnetic coercivity, corrosion resistance, and operating temperature ensures optimal material choice for specific magnet applications.

Tool steel vs. cobalt for magnets - What is The Difference?

Infographic: Tool steel vs Cobalt for Magnet



About the author. Kakani is a respected author and expert in materials for industrial and manufacturing applications. With years of experience in both research and industry.

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The information provided in this document is for general informational purposes only and is not guaranteed to be complete. While we strive to ensure the accuracy of the content, we cannot guarantee that the details mentioned are up-to-date or applicable to all scenarios. Topics about Tool steel vs Cobalt for Magnet are subject to change from time to time.

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