Industry & Sourcing
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What determines the price of drills and taps?
In the industrial market, many customers often have questions like: Why do some drill bits or taps look very similar but have so big differences on price? Especially in these two years, many clients have clearly noticed obvious fluctuations in cutting tools...Read more -
Steady Growth in Global HSS Drill Market
The global market for high-speed steel (HSS) twist drills is growing steadily. According to recent industry reports, the market is expected to expand from USD 2.4 billion in 2024 to USD 4.37 billion by 2033, with an average annual growth rate of around 7%. This rise is d...Read more