“HARD ALLOYS WITH DRY COMPOSITION”, presenting a composition of alloy elements consisting, in mass percentage, of Carbon between 0.5 and 2.0; Chrome between 1.0 and 10.0; Tungsten-equivalent, as given by ratio 2Mo+W, between 7.0 and 14.0; Niobium between 0.5 and 3.5. Niobium can be partially or fully replaced with Vanadium, at a ratio of 2% Niobium to each 1% Vanadium; Vanadium between 0.5 and 3.5. Vanadium can be partially or fully replaced with Niobium, at a ratio of 2% Niobium to each 1% Vanadium; Cobalt lower than 8, the remaining substantially Iron and impurities inevitable to the preparation process. As an option to refine carbides, the steel of the present invention can have content of Nitrogen controlled, below 0.030 and addition of Cerium or other earth elements at content between 0.005 and 0.020. For the same purpose, Silicon and Aluminum can be optionally added, at content between 0.5 and 3.0% for both of them.