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The water-hardening steels are either essentially plain carbon steels or very low-alloy carbon steels. As a result, the water-hardening tool steels are the least expensive of tool steels and require strict control of processing and heat treatment to achieve good properties and performance. This chapter provides an overview of general processing and performance considerations of water-hardening tool steels. It describes the microstructural characteristics and hardenability of water-hardening tool steels. The chapter discusses the processes involved in the hardening and tempering of water-hardening tool steels.

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