Cutting Tools

US cutting tool consumption up 8 percent in October

October U.S. cutting tool consumption totaled $198 million, according to the United States Cutting Tool Institute, Cleveland, and The Association for Manufacturing Technology, McLean, Va. This total, as reported by companies participating in the collaborative Cutting Tool Market Report, was up 13.2 percent from September’s $174.92 million and up 17.2 percent when compared with the $169 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8 percent when compared with 2016.

CoroDrill 880 CVD Diamond-Coated Insert Grades

To overcome the challenges of chip formation and evacuation when drilling nonferrous metals, Sandvik Coromant has unveiled its CoroDrill 880 CVD diamond-coated insert grades, GCN124 and GCN134. The superhard properties of the diamond coating provide long tool life and combine with innovative chipbreaker and geometry designs to enhance performance when drilling materials such as aluminum.

AC1030U High-Precision, Small-Parts Machining Grade

Sumitomo Electric Carbide, Inc.’s new AC1030U high-precision, small-parts machining grade combines “Absotech Bronze” PVD coating and a special substrate for superior wear- and chipping-resistance. In addition, the high-quality cutting edge of the AC1030U ensures excellent resistance against adhesion and microchipping for improved surface finishes, according to the company.