Another of the early particle steel tools are the Hamlet ASP 2030 and 2060 alloys. Have had a 5/8 2060 bowl gouge for about 15 years and will put it up against anything.
This "particle metal steel" must be something new. I have a Hamlet "3/8 inch" ASP 2060 bowl gouge that is a "powder metallurgy steel" tool. In fact, it is my favorite turning tool. It has the same flute that was on the Henry Taylor Superflute bowl gouges. Unfortunately the Hamlet ASP gouges are no longer available.
I also have one of the Hamlet 2060 bowl gouges. The reason turners go with harder steels, boils down to one singular reason......it's an attempt to have the sharpened edge last longer. Well, yes it does last longer, but consider the following: There is a point where the harder steels will work against the quality of the work produced.
How so, you might ask?.....
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Back in the day, turners mostly used carbon steel turning tools, and they dulled fairly quickly. I still have a few carbon steel tools. When M2 steel became the standard, carbon steel tools faded into oblivion. Sharp M2 steel edges lasted longer, and were a great improvement. Since that time, we've seen quite a few new steels being marketed to turners......all with that singular purpose of longer lasting sharp edges. There comes a point where longer lasting edges actually work against the overall process......
Now, here's where my unconventional thinking is not in tune with the "group think" of the current times.......When I started using some of the harder steels, I agreed with the reasons they were being produced in the first place. Yes, the edge certainly does last longer. Because they last longer, a turner will be in a questionable state whether he thinks the edge needs to be trued up......or not.....for a longer period of time.
M2, in my opinion, has the best edge holding ability within that window of ultimate usability.....which, in turn, yields the best results. It's best that a turner get used to the idea of sharpening a few more times during the course of the day, than to struggle with edges that are in the "grey area" of needing to be sharpened. If a turner can spend less time in that "grey area", the tool he's using will be sharper for a greater percentage of the time he's using it.....the results he achieves will be better.....and, the only price to pay for that, is to sharpen more often.
I understand that newer turners just hate to sharpen their tools.....been there, done that. This dislike of sharpening is exactly why the recent flood of carbide turning tools have been so successfully marketed to new turners. Understand that it's much better, and the results will ultimately be better, if a turner just resolves himself to sharpen more often. Learn to sharpen, rather than worry about exotic tool steels.......
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It's also my opinion that M2 steel is the best overall improvement in edge holding ability, if the thought that edge holding ability does, in fact, have inherent limitations......
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ko