I had to drill through a 1/8" steel shank, other bits I tried were not sharp enough and heavy. This bit ran at the same speed as the other bits without any problems.
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Olson 80 Inch Blade FB14580DB-025
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Enhanced Cutting Efficiency with Olson FB23370DB 0 025 2 Inch Blade
πͺ DEWALT DW3984C Portable Blade Set of 3-Pack