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This is one (1) Solid Rectangular Metal Cutting/Lathing Tool Bit. Its dimensions are: 3/4 in. x 1 in. x 6 in. This is a Solid Ground, Blended, "Slug" that is harder than High Speed Steel (HSS) and Cobalt and the complete tool has this alloy throughout. This particular bit's specific alloy composition is unknown to us other than this. This slug was obtained via U.S. military surplus. If you can provide us with details about the specific alloy composition of this bit based on this item's markings, please contact us. Some markings include a "121Z" stamp and a hand etched "004413". This kind of tool bit is used for metal/steel cutting and lathing. This bit is new old stock, new and unused, but pre-ground. These bits are preferred by users that need tougher cuts and longer edge durability.