2-3/8" Threaded Steel Hawg® Cutter
2-3/8" Threaded Steel Hawg® Cutter
49-57-2370
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$381.78
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$381.78
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$272.70
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Milwaukee 49-57-2370 — Steel Hawg™ Annular Cutter (2-3/8")
What it is
- Type: Annular cutter (mag drill bit)
- Model: 49-57-2370
- Series: Steel Hawg™ (threaded system)
- Diameter: 2-3/8 inch
- Cutting depth: 2 inches
- Shank/thread: M18 x 1.5 threaded (for mag drill arbors)
- Material: Carbide-tipped
What it does
This is a large heavy-duty magnetic drill cutter used to cut very large, clean holes in thick steel, much faster and cleaner than a twist drill.
It’s designed for mag drill presses only and is commonly used in:
- Structural steel fabrication
- Heavy industrial steel plate work
- Stainless steel and cast iron drilling
- Large bolt-hole applications
Key features
- Carbide teeth with alternating geometry → faster cutting and longer life in steel
- Cuts up to 2" deep in one pass
- Up to ~3× faster than twist drills in structural steel applications
- Spring-loaded ejector pin helps center the cut and eject the slug cleanly
- Works with Milwaukee mag drill arbors like:
- 49-57-0010
- 49-57-0030
In plain terms
This is a big-hole, deep-cut mag drill cutter:
- One of the largest standard Steel Hawg sizes (2-3/8")
- Designed for serious structural steel drilling
- Uses a threaded system for maximum torque and durability

2-3/8" Threaded Steel Hawg® Cutter
$381.78