Tool Steel Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
CRS | A | Carpenter Technology Corporation | 0.03 | |
USAP | B | Universal Stainless & Alloy Products, Inc. | 0.08 |
Related Industries: Metal Fabrication Steel
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
PSCM | B | PowerShares S&P SmallCap Materials Portfolio | 11.9 | |
SLX | B | Market Vectors Steel Index ETF Fund | 6.56 | |
XME | B | SPDR S&P Metals & Mining ETF | 5.16 | |
PYZ | B | PowerShares Dynamic Basic Materials | 5.12 | |
XSMO | B | Invesco S&P SmallCap Momentum ETF | 3.51 |
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- Tool Steel
Tool steel refers to a variety of carbon steel and alloy steel that are particularly well-suited to be made into tools. Their suitability comes from their distinctive hardness, resistance to abrasion and deformation, and their ability to hold a cutting edge at elevated temperatures. As a result, tool steels are suited for use in the shaping of other materials.
With a carbon content between 0.5% and 1.5%, tool steels are manufactured under carefully controlled conditions to produce the required quality. The presence of carbides in their matrix plays the dominant role in the qualities of tool steel. The four major alloying elements that form carbides in tool steel are: tungsten, chromium, vanadium and molybdenum. The rate of dissolution of the different carbides into the austenite form of the iron determines the high-temperature performance of steel (slower is better, making for a heat-resistant steel). Proper heat treatment of these steels is important for adequate performance. The manganese content is often kept low to minimize the possibility of cracking during water quenching.
There are six groups of tool steels: water-hardening, cold-work, shock-resistant, high-speed, hot-work, and special purpose. The choice of group to select depends on cost, working temperature, required surface hardness, strength, shock resistance, and toughness requirements. The more severe the service condition (higher temperature, abrasiveness, corrosiveness, loading), the higher the alloy content and consequent amount of carbides required for the tool steel.
Tool steels are used for cutting, pressing, extruding, and coining of metals and other materials. Their use in tooling is essential; injection molds for example require tool steels for their resistance to abrasion- an important criterion for mold durability which enables hundreds of thousands of moldings operations over its lifetime.
The AISI-SAE grades of tool steel is the most common scale used to identify various grades of tool steel. Individual alloys within a grade are given a number; for example: A2, O1, etc.
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