The Value Collection 01108455 5/16" 118, High Speed Steel Jobber Drill Bit is engineered for precision drilling in steel and cast iron applications. This drill bit features a 118, point angle, ideal for general-purpose drilling tasks. Its high-speed steel construction ensures durability and resistance to wear, while the oxide finish provides additional protection against corrosion. The right-hand cut and spiral flute design facilitate efficient chip removal, enhancing drilling performance. With a straight shank and an overall length of 4-1/2", this drill bit is compatible with standard drill chucks, offering versatility and ease of use. The standard point design allows for accurate starts and consistent hole sizes, making it a reliable choice for professionals seeking quality and performance in their drilling operations.