Avoid clogs and dissipate heat with cobalt bits that last at least twice as long as high-speed steel. The flutes clear chips to improve coolant flow and prevent damage to the bit and the hole. They also speed up drilling since you don't have to stop to clear the bit manually.

With flutes that spiral in the opposite direction of other bits, these are primarily used to remove stripped screws. Choose a bit that’s slightly smaller than the diameter of the screw’s head. Set your power tool to rotate in reverse. Slowly drill in the center of the screw head, maintaining constant pressure. As the bit penetrates, it will catch onto the screw and reverse it out of the hole. If the screw is badly stripped, you might need to punch a starter hole. Also known as reverse-flute bits. High-speed steel is the versatile choice for drilling most metals.

These rods, also known as drill blanks, have an undersized diameter for machining your own drill bits. They're hardened for increased abrasion and impact resistance. M2 tool steel offers a nice balance of wear resistance and machinability. It has a high molybdenum content, which allows it to maintain sharp cutting edges even at elevated temperatures.