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Internal Grooving Tool Mgivr2016-2 Internal Hole Grooving Tool Holder Lathe Cutting. Durable Spring Steel: Constructed from sturdy spring steel for long-lasting performance and durability. Indexable Insert Design: Features Mgmn shape indexable inserts for efficient grooving operations. Screw Compression System: Utilizes screw and clamp accessories for secure and stable tool compression. Specialized Grooving: Designed specifically for internal hole grooving tasks on lathe cutting.