Tool steel is often divided into three main segments; steel for cold working, hot work and plastic mould applications. Cold work steel is often used in the manufacturing of stamping and blanking of different sheet metals. Hot work steel is mostly used to make tools for forging, high-pressure die casting and extrusion dies. Plastic mould steel is used for moulds and dies that produce plastic products.
Powder-metallurgy steel is the highest quality of tool steel and high speed steel in the market. PM steels are especially good for applications where a combination of wear, chipping and cracking resistance is required. Tools made of PM steels extend the lifetime of tools extensively.
High-speed steel is mainly used for the production of industrial drills and milling cutters where the tools rotate at high speeds.
Machinery steel is primarily intended for use in the pre-hardened or as-delivered condition with applications such as die holders, backing plates, jigs and fixtures, machines or structural components.
Strip steel in various grades and dimensions are used for strip products like saws, knives, razor blades, scalpels and valves etc.