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Originally, all tool bits were made of high carbon tool steels with the appropriate hardening and tempering.Since the introductions of high-speed steel (HSS) (early years of the 20th century), sintered carbide (1930s), ceramic and diamond cutters, those materials have gradually replaced the earlier kinds of tool steel in almost all cutting applications.
High-speed steel (HSS or HS) is a subset of tool steels, commonly used as cutting tool material. It is superior to high-carbon steel tools in that it can withstand higher temperatures without losing its temper (hardness). This property allows HSS to cut faster than high carbon steel, hence the name high-speed steel.
The material being machined (steel, brass, tool steel, plastic, wood) (see table below) The material the cutter is made from (High-Carbon Steel, high-speed steel (HSS), Carbide, Ceramics, and Diamond tools) [5] The economical life of the cutter (the cost to regrind or purchase new, compared to the quantity of parts produced)
Rotary cutting tools include drill bits, countersinks and counterbores, taps and dies, reamers, and cold saw blades. Other cutting tools, such as bandsaw blades, hacksaw blades, and fly cutters, combine aspects of linear and rotary motion. The majority of these types of cutting tools are often made from HSS (High-Speed-Steel).
A tungsten carbide tipped (TCT) and high-speed steel (HSS) annular cutter (also known as a "core drill" or "hole saw"). An annular cutter (also called a core drill, core cutter, broach cutter, trepanning drill, hole saw, or cup-type cutter) is a form of core drill used to create holes in metal.
Most machine shops with lathes have many solid-HSS and solid-carbide tool bits as well as many insert-tipped tool bits, and most commercial operations that involve routers (such as cabinetry and furniture shops) use plenty of solid-HSS and solid-carbide router bits as well as some tipped bits.
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