- In January 2025, NACHI-FUJIKOSHI CORP. announced the development of a new line of high-speed steels specifically designed for cutting-edge automotive applications. The new steels are engineered for high wear resistance and enhanced performance in high-temperature conditions, catering to the growing demand for precision components in electric vehicle (EV) production. This development underscores the company’s commitment to supporting the automotive industry's transition to more efficient and sustainable manufacturing processes.
- In December 2024, Daido Steel Co., Ltd. unveiled a new range of high-speed steel products with advanced coatings designed to improve cutting tool longevity and reduce friction. The new coatings aim to enhance tool life in high-precision machining, particularly in the aerospace and automotive industries, where high-performance cutting tools are essential for meeting tight tolerances and demanding production schedules.
- In November 2024, voestalpine High Performance Metals GmbH announced the expansion of its high-speed steel production facility in Austria to meet increasing global demand. The new facility will focus on producing custom high-speed steel grades tailored to specific industrial applications, including aerospace, automotive, and energy sectors, further solidifying the company’s position as a leading supplier in the high-speed steel market.
- In October 2024, Sandvik AB revealed a breakthrough in the development of high-speed steel tools for 3D printing applications. The new range of high-speed steels is designed for use in additive manufacturing, providing exceptional durability and performance for 3D-printed metal parts. This innovation is expected to open new opportunities for industries like aerospace and automotive, where complex, high-performance components can be produced with more precision and efficiency.
- In September 2024, Kennametal Inc. introduced a new line of high-speed steel drills specifically designed for the aerospace industry. The drills feature a unique alloy composition and are coated with a new layer that significantly improves their resistance to wear and heat, extending tool life in high-speed, high-temperature environments typically found in aerospace manufacturing. This innovation is expected to address the growing demand for durable, high-precision tools in the aerospace sector.
