Pricing mentioned is for a BIT. Requires a minimum buy of 1 BIT. Cobalt High Speed Steel Fractional Straight Shank Jobber Length Drill Bit,1/8"; Hazmat=False; Features=135-degree split point reduces feed pressure for easier penetration without work Hardening;Constructed of M-35 5 percent Cobalt high speed steel for super abrasive resistance in tough metals;Heavy duty spiral flute design produces faster chip ejection;Shorter cutting lips reduce torque for drilling in high tensile strength materials; StandardPack=12BIT/CTN; CountryOfOrigin=CN; Applicable Materials=Hard Steel, Stainless Steel, Titanium; Cutting Diameter = 1/8 in; Cutting Edge Material=HSS-E (Co-M42); Finish=Gold Oxide; Overall Length=1 7/8 in; Packing Type=Bulk; Shank Type=Cylinder; Size 1=1/8 in; Structure=Solid; Type=Drill Bit;