A cold work steel article. The article comprises a material which comprises, in addition to Fe, the elements C, Si, Mn, P, S, Cr, Mo, Ni, V, W, Cu, Co, Al, N and O in certain concentrations and has been produced by by a powder metallurgical process. This abstract is neither intended to define the invention disclosed in this specification nor intended to limit the scope of the invention in any way. This abstract is neither intended to define the invention disclosed in this specification nor intended to limit the scope of the invention in any way.