In recent years, with a rise in industrialization, the tool steel market has shown tremendous growth, which is anticipated to increase in the future. Tool steel is a combination of the variety of alloy and carbon steels, which can be molded into a range of devices. In any manufacturing process, tools play an essential role that is used for a variety of functions like to mill, bore, tap, grind, drill, etc. High-speed steel (HSS) useful for manufacturing cutting tools is expected to dominate the ...