High speed steels (often abbreviated HSS) are ferrous based alloys of the Fe–C–X multicomponent system where X represents a group of alloying elements comprising mainly Cr, W or Mo, V, and Co. These steels are mainly used for cutting tools, since they are characterized by their capacity to retain a high level of hardness while cutting metals at high speed. Generally, the X component is present in excess of 7%, along with more than 0.60% carbon.
Titanium nitride (TiN) coating is wear resistant, inert and reduces friction. Use it on cutting tools, punches, dies and injection mold components to improve tool life two to ten times, or more, over uncoated tools.