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The VALUE COLLECTION 01243005 is a jobber-length drill bit designed for general-purpose drilling in steel, cast iron, and similar ferrous materials. Built from high speed steel (HSS) with an oxide finish for added lubricity and light corrosion resistance, this bit features a standard 118-degree point angle suited to a wide range of production and maintenance drilling tasks. The straight cylindrical shank fits standard three-jaw chucks on both hand drills and drill presses. With a 2-flute regular spiral flute design and a tapered, web-thinned core, it delivers efficient chip evacuation and reduced entry force at the cut. Licensed tradespeople and maintenance technicians reach for this size when precise, repeatable hole placement is required.
This drill bit is intended for right-hand rotation drilling in ferrous metals including mild steel and cast iron. At 3.00 mm (0.1181 inches) in diameter, it is a common size for pilot holes, tapping preparation, and light metalwork on mechanical systems, electrical enclosures, and structural components. It is sold individually and is available in minimum order quantities of 10 units, making it practical for shop stocking and field kit replenishment.
Designed as a general-purpose jobber drill bit for use in standard three-jaw chucks across hand drills, drill presses, and CNC drilling setups where a 3.00 mm straight-shank bit is required.
Install in a properly tightened three-jaw chuck before applying power. Secure the workpiece with a vise or clamp — never hold ferrous stock by hand during drilling. Apply a cutting fluid or oil when drilling steel to extend bit life and manage heat buildup. Inspect the cutting edges before each use and replace bits showing chipping or discoloration from overheating.
We pulled together the parts most installs need for this unit, plus a few add-ons worth a look. Check what you need — nothing here blocks checkout.
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