Discription:

It is a high performance steel with high hardness and good wear resistance properties.It is often used as a cutting tool as it can cut metal at very high rate than any other carbon tool steel due to presence of tungsten and cobalt that gives it much higher strength.
Application:

It is mainly used in manufacturing of cutting tools such as twist drills, reamers, machine bits, taps. dies, saw blades and other cutting tools etc.