The invention relates to a corrosion and wear resistance cold work tool steel. The steel comprises the following main components (in wt. %): C0.3 –0.8 N1.0 –2.2 (C+N)1.3 –2.2 C/N0.17 –0.50 Si≤1.0 Mn0.2 –2.0 Cr13-30 Mo0.5 –3.0 V2.0 –5.0 balance optional elements, iron and impurities.
