For precision, speed, and safety could not expect a drill press much better than this. Having to install a balastrade channel on a balcony's steel frame this drill press was the key to a successful and proficient installation. Twenty four drill holes of 13mm diam were required and had to align with the pre drilled holes of the balastrade channel. With the precision of this drill press all holes aligned perfectly. And with the magnetic base to hold the drill in place this made the operation safe and smooth. The design to allow the drill fluid flow through the middle of the drill bit provided the required lubrication to drill very easily through steel.. To note that the magnetic based held very strongly on the steel frame which was only 10mm thick