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A bar is characterised by an "enclosed invariant convex cross-section", meaning that pipes, angle stock and objects with varying diameter are not considered bar stock. Bar stock is commonly processed by a sequence of sawing , turning , milling , drilling and grinding to produce a final product, often vastly different from the original stock.
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The triangle shank is almost always made by machining three flats on round bar stock. It is intended as a minor modification of a straight shank, still allowing it to be held in a 3-jaw drill chuck, but allowing higher torque transmission and limited slipping. Can be held in a drill chuck; High torque transmission; Moderately accurate centering