This drill bit was used to cut holes in refractory brick (heavy, 2 1/2" x 4 1/2" x 9"). Depth of cut is only 1 3/8" ". It doesn't come with a shank. I cut the brick to the center point on both sides by dipping it in water. They did a great job, quick and clean. The only problem we had was making sure the holes lined up perfectly. I assume it will cut metal well too.