lathe bits, bar turning tool, straight finishing tool, right and left hand cranked knife tools, parting tool Cranked Turning/facing Tool, A Cranked Facing Tool, A Cranked Knife Tool, A Rough Boring Tool, An Inside Corner Tool And A Recessing Tool. The lathe tool set includes a cranked turning/facing tool, a cranked facing tool, a cranked knife tool, a rough boring tool, an inside corner tool and a recessing tool. Made from drop forged tool steel with tungsten carbide tips, this set of eleven lathe tools offers the right bit for the job. Handle a variety of projects with this versatile lathe tool set! Drop forged tool steel Tungsten carbide tips 5/16" Shanks 3 1/4" & 5" Long