| Product | Ideal for | Price from | Free version | |
|---|---|---|---|---|
| Long-run cold work | See website | No | Visit | |
| General toolroom work | See website | No | Visit | |
| Simple low-cost tools | See website | No | Visit | |
| High-speed cutting | See website | No | Visit | |
| Hot work dies | See website | No | Visit | |
| Shock and impact | See website | No | Visit | |
| High-toughness powder steel | See website | No | Visit |
There is no single best grade of tool steel, because the right grade depends on wear, toughness, heat resistance and cost for your specific job. The grades below cover cold work, hot work, high-speed cutting, shock resistance and powder metallurgy, and we checked each listed producer's official homepage before writing. Prices for tool steel vary by form, size and quantity, so all starting prices read See website.

Ideal for: Long-run cold work

D2 is a high-carbon, high-chromium cold work steel known for wear resistance in long-run tooling. Its large chromium carbides resist abrasion, which suits blanking and forming dies that must hold size over many thousands of hits. Uddeholm, whose homepage presents it as a high performance tool steel maker, is one of the leading producers in this family, alongside other major mills.
D2 suits production dies and wear parts where abrasive wear, not impact, is the main failure mode. Its stability in heat treatment helps hold tight tolerances. For impact-heavy tools, S7 or CPM-3V give more toughness, and for easier machining A2 or O1 may suit better, but for long-run cold work D2 remains a standard choice.

Ideal for: General toolroom work

A2 is an air-hardening cold work steel that balances wear resistance, toughness and stability, making it a versatile toolroom grade. Air hardening reduces distortion compared with oil hardening, which helps tools that must hold size after heat treatment. Carpenter Technology, a global leader in specialty alloys, is one of the major producers in this family, and its homepage covers industrial specialty alloys for demanding applications.
A2 suits general-purpose tooling where no single property dominates, from punches and dies to gauges and forming tools. Its balance makes it a safe default when you are unsure whether wear or toughness will limit tool life. For maximum wear, D2 wins, and for maximum shock resistance, S7 wins, but for all-round toolroom work A2 is hard to beat.

Ideal for: Simple low-cost tools

O1 is an oil-hardening cold work steel valued for simplicity and cost, with a long history in toolrooms and knife making. Its heat treatment is straightforward, and its machining and grinding behavior suits small shops without advanced equipment. Bohler, a leading maker of tool steels whose homepage covers cold work steels hardened to 50 to over 64 HRC, is one of the major producers in this family.
O1 suits short-run tools, prototypes, simple punches and knives where cost and ease matter more than maximum wear life. Its edge holding is good for its price, and its simple treatment makes it forgiving for small heat treaters. For long production runs, D2 or A2 last longer, but for simple, low-cost tools O1 is the practical pick.

Ideal for: High-speed cutting
M2 is the classic high-speed steel for cutting tools, with tungsten, molybdenum, vanadium and cobalt alloying that gives hot hardness and wear resistance at cutting temperatures. Its homepage evidence from Bohler notes that high-speed steels reach over 60 to 67 HRC, with high hot hardness, wear resistance and fracture safety. That combination lets drills and milling cutters hold an edge at speeds that would soften carbon steel.
M2 suits rotating and reciprocating cutting tools where edge temperature is the limiting factor. Its balance of wear and toughness made it the default high-speed grade for decades, and it remains widely stocked. For cold work dies, choose D2 or A2, and for hot work dies choose H13, but for cutting tools M2 is the standard.

Ideal for: Hot work dies
H13 is a chromium-molybdenum-vanadium hot work steel built for tools that cycle between hot and cold, such as die casting and forging dies. Its resistance to heat checking, the fine cracking caused by repeated heating and cooling, is its key strength, and its toughness helps it survive thermal shock. Uddeholm, a high performance tool steel maker, is one of the leading producers in this family.
H13 suits hot work dies, inserts and extrusion tooling where thermal fatigue, not abrasion, limits life. Its hardness range of about 35 to 55 HRC, noted for this steel family, reflects the balance between hot strength and toughness. For cold work, D2 or A2 suit better, but for hot work H13 is the industry standard.

Ideal for: Shock and impact
S7 is a shock-resisting tool steel designed for impact, where toughness matters more than maximum wear resistance. Its air-hardening behavior and high impact strength suit tools that strike, punch or shear repeatedly, such as chisels, punches and shear blades. Carpenter Technology, a specialty alloy leader, is one of the major producers in this family.
S7 suits any tool that fails by chipping or breaking rather than wearing away. Its toughness gives a safety margin in heavy impact work, and its machinability suits toolroom production. For abrasive long runs, D2 lasts longer, but for shock and impact S7 is the right grade.

Ideal for: High-toughness powder steel
CPM-3V is a Crucible powder metallurgy tool steel that combines high toughness with good wear resistance, using a powder process that gives a finer, more uniform structure than conventional melting. That structure helps knives and punches resist chipping while holding an edge, which is why CPM-3V is popular for high-performance blades and impact tooling. Crucible Industries, whose homepage notes its tool steel resources, properties and heat treatment information, is the maker behind the CPM family.
CPM-3V suits premium knives, punches and tools where both toughness and wear matter and cost is secondary. Its powder structure gives an advantage over conventional grades in chipping resistance. For budget tools, O1 or A2 cost less, but for high-toughness performance CPM-3V is a leading modern choice.
We compared grade families, wear, toughness, heat resistance, hardening method and typical uses, favoring grades that are widely stocked and well documented in 2026. We covered cold work, hot work, high-speed, shock and powder steels, because no single grade fits every job. We checked each listed producer's official homepage before writing, and we state plainly that grades themselves have no single homepage, so each website is a leading producer's homepage for that grade's family. Always confirm grade, form, size and heat treatment with your supplier.
Start with the failure mode. If tools wear away, choose a wear-resistant grade such as D2 for cold work or M2 for cutting. If tools chip or break, choose a tough grade such as S7 or CPM-3V. If tools crack from heat cycling, choose H13 for hot work. If you need a balance for general work, A2 is a safe default, and if cost and simplicity matter most, O1 suits short runs.
Next, check hardening and machining. Air-hardening grades such as A2 and S7 distort less than oil-hardening O1, which helps tight-tolerance tools, while powder steels such as CPM-3V need a heat treater familiar with their schedules. Confirm your heat treater can handle your grade and section size, and ask for a written schedule with austenitizing, quench and tempering steps. Never guess at heat treatment, since wrong temperatures can ruin a tool or make it unsafe.
Finally, check cost and availability. Conventional grades such as O1, A2 and D2 are widely stocked and lower cost, while powder steels such as CPM-3V cost more but last longer in demanding uses. Compare total cost per part, not just steel price, since longer tool life and fewer changes often outweigh a higher grade price. Order a small test batch before committing to a large die or production run.
A2 suits most general toolroom work for its balance of wear, toughness and stability, while D2 suits long-run cold work, H13 suits hot work, M2 suits cutting tools, S7 suits impact, and CPM-3V suits high-toughness performance. The best grade depends on your job's failure mode.
D2 offers higher wear resistance for long abrasive runs but lower toughness, while A2 offers a better balance of wear and toughness with air-hardening stability. Choose D2 for maximum wear life and A2 for general work or impact-prone tools.
O1 suits low-cost knives with simple heat treatment, A2 suits general knife work, and CPM-3V suits high-performance knives where toughness and edge retention both matter. Stainless knife steels suit wet use, while these tool steels need rust protection.
H13 is the standard hot work grade, with resistance to heat checking and thermal fatigue for die casting, forging and extrusion dies. Its hardness range of about 35 to 55 HRC reflects the balance between hot strength and toughness.
Small O1 tools can be heat treated in a small shop with proper equipment, temperature control and safety gear, but larger tools and powder steels need a professional heat treater. Always follow a written schedule and use eye, hand and respiratory protection.
Tool steel is sold by producers such as Crucible, Uddeholm, Carpenter Technology and Bohler, and by distributors and steel suppliers in flat, round and plate forms. Confirm grade, form, size and heat treatment with your supplier before ordering.