According to a new study, sales of high-speed steel (HSS) tools in 2019 are estimated at nearly 218,000 thousand units, projected to register a Y-o-Y growth at 4.8 percent over 2018. HSS tools sales have witnessed sheer proliferation, despite intense competition from solid-carbide tools, as these are best suited for shop production environments, wherein tool cost and versatility are of paramount importance.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2019-03-25
CTE source: https://ctemag.com/news/coated-hss-cutting-tools-account-70-percent-overall-sales/
Legacy path: /coated-hss-cutting-tools-account-70-percent-overall-sales