My experience with cryogenic treatment was with tool steels used in progressive stamping and forming dies making brass and steel electromechanical components. Retaining cutting edge, and abrasion resistance were important criteria, not fatigue resistance.
Cryogenic treatment was claimed to promote fine grain growth and increase durability.
We acquired several product lines from G.E. including finished product inventories, component part inventories, tooling, tooling components, and full documentation. All drawings for tooling used in blanking and forming specified cryogenic treatment, and the G. E. Tool Engineers involved said it was an absolute must. All the acquired tool components were cryogenic treated. What an opportunity for an A-B evaluation.
We fabricated some new tooling from the sintered powdered metal tool steel we normally used, and TIN (titanium nitride) coated all form tooling, and ran consecutive life tests with the G.E. cryogenic treated tooling vs. our sintered powdered metal / TIN coated tooling. TIN coating is VERY wear resistant and can be applied after all other processes due to uniformity of application, thinness (0.0001"), and relative low application temperatures.
NO measurable difference between steels used in blanking operations. Maybe a hint that sintered powdered tool steel lasted longer than cryogenic treated steel.
4-5 times greater life of TIN coated tooling over cryogenic treated tooling.
We weren't impressed with the cryogenic treated components, and we ultimately replaced all the original G.E. cryogenic treated tooling with sintered powdered metal / tin coated tooling.
Of course, it was an obsolete product line for G.E. and they may not have bothered to keep up with more modern tool steels / treatments.
RJS