I found this on cobalt. It actually has a negative effect on the hardening process, but overall adds to hardness.
Here’s the link:
https://www.ispatguru.com/cobalt-in-steels/
“Since Co has a negative effect on hardenability, it affects the hardening less than other elements.
The presence of Co in the steel improves its durability and hardness at higher temperatures, reduces the fall in hardness of austenite and ferrite under the influence of temperature increase, and therefore is used as a supplement to some grades of high speed steels and tool steels. It is also a component of creep resistant steels.
Co is a valuable alloying element for high speed tool steels. It has the effect of raising to softening temperature of ferrite so that tools made from Co bearing alloy steel can operate at high temperatures, maintaining their cutting capacity.”
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“Co increases hardness and allows for higher quenching temperatures during heat treatment. It intensifies the individual effects of other elements in steels with complex compositions”
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