Steelmax offers a full line of high-quality High Speed Steel (HSS) and Tungsten Carbide Tipped (TCT) annular cutters for all of your hole-making needs. We stock a full range of HSS and TCT cutters from 7/16″ to 3″ in diameter and 1″, 2″ and 3″ depths of cut. Custom sizes are also available. All Steelmax annular cutters have standard Weldon shanks (3/4″ shank for cutter diameters up to 2-3/8″ and 1-1/4″ shank for cutter diameters above 2-3/8″).  As a result, Steelmax cutters will fit and improve the performance of any mag drill!

Annular cutters have many advantages over traditional twist drills:

  • Eliminates costly and time consuming step-drilling
  • Significantly less drilling time – 3-4 times faster than twist drills
  • Longer tool life – 5-10 times as many holes as a comparable twist drill bit
  • More accurate and higher quality holes – burr-free with no clean up
  • Easily drill on curved surfaces such as pipe or tubing
  • Create overlapping holes
  • Lower machine and horsepower requirements when compared to twist drills
  • Annular Cutter Sets

    PRICE $211.80$560.90
    This Steelmax offering is a 13 piece or 7 piece premium annular cutter set available in 1" & 2" depth of cut. These annular cutter sets give you a complete system to handle the most popular hole-making jobs. Utilizing the carrying case also helps maintain the life of the annular cutters. Steelmax HSS (High Speed Steel) cutters utilize an M2Al (aluminum additive) formulation which increases cutter life due to better heat propagation characteristics and a less brittle character compared to other M2 formulations, such as those using a cobalt additive.
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  • TCT Cutter with Pilot Pin
    Pilot Pins for Annular Cutters are crucial components in the drilling process, particularly in metalworking and heavy-duty applications. They serve as guides and alignment device for the annular cutter or magnetic drill, ensuring the most precise and accurate hole drilling.
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  • Tap Size Annular Cutters with Pilot Pin Installed Experience precision and efficiency with our comprehensive range of HSS Tap Size Annular Cutters. Engineered for excellence, these cutters are designed to provide clean and accurate holes in a variety of materials, ensuring seamless threading and tapping operations. With a wide selection of sizes and superior cutting performance, our Tap Size Annular Cutters are your go-to solution for achieving impeccable results in metalworking and construction projects. Elevate your productivity and precision with our top-tier tools, engineered to meet the highest industry standards.
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  • M2AL -Annular Cutters - SteelMax

    Steelmax TCT Annular Cutters

    PRICE $79.20$495.30
    Steelmax TCT annular cutters are made with the highest quality carbide available and are extremely well suited to work on harder materials and higher speed applications. TCT cutters are most cost effective for larger holes (over 1-1/2" in diameter) and in thicker materials (2" and over). All Steelmax annular cutters ship with a pilot pin installed at no extra charge.* Steelmax High-Performance Cutting Fluid should be used with all annular cutters for optimal cutting performance and to extend cutter life.  Our High-Performance Cutting Fluid is a water-based cutting fluid that is bio-degradable and does not require time-consuming cleanup prior to welding or assembling parts.
    *6"  TCT Cutters do not ship with pilot pin. Click here to purchase a one-or two-piece pilot pin with your 6" annular cutter order.
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  • annular cutters

    Steelmax HSS Annular Cutters

    PRICE $37.20$265.40
    Steelmax HSS ( High Speed Steel) annular cutters utilize an M2Al (aluminum additive) formulation which increases cutter life due to better heat propagation characteristics and a less brittle character compared to other M2 formulations, such as those using a cobalt additive.  HSS annular cutters are most cost-effective for mild steel applications and holes up to 2-3/8" in diameter in material up to 2" thick. HSS annular cutters can be re-sharpened to extend cutter life. All Steelmax annular cutters ship with a pilot pin installed at no extra charge.* Steelmax High Performance Cutting Fluid should be used with all annular cutters for optimal cutting performance and to extend cutter life.  Our High Performance Cutting Fluid is a water-based cutting fluid that is bio-degradable and does not require time-consuming cleanup prior to welding or assembling parts.
    *6"  HSS Cutters do not ship with pilot pinClick here to purchase a one-or two-piece pilot pin with your 6" annular cutter order.
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