A prismatic and cylindrical cutting insert for long edge rotary milling applications has multiple indexable cutting edges ranging from four to six or even more depending on the actual milling applications. Each cutting edge of a prismatic or cylindrical cutting insert provides a positive cutting geometry and is equivalent to an indexable cutting edge of a traditional single-sided parallelogram-shaped cutting insert having two indexable cutting edges (often referred as A-Style insert). The prismatic and cylindrical (including tapered or conical) cutting insert may be used for machining a wide range of materials including difficult-to-machine materials, cast-iron and alloys, aluminum and alloys, carbon steels, and fiber reinforced composites.

Provided are a cutting insert and a tool holder on which the cutting insert is provided. The cutting insert includes a circular upper surface, a circular lower surface, a cylindrical lateral surface for connecting the upper surface and the lower surface, an upper cutting edge formed between the upper surface and the lateral surface, a lower cutting edge formed between the lower surface and the lateral surface, and a plurality of rotation-preventing parts provided at the lateral surface so as to prevent the cutting insert from rotating with respect to the tool holder. Each rotation preventing part includes an inner curved surface recessed toward the center of the lateral surface and convexly rounded so as to form concentric circles in conjunction with the lateral surface, and a stepped rotation-preventing surface parallel to the axial direction of the insert and connecting the inner curved surface and the lateral surface.

Provided are a cutting insert and a tool holder on which the cutting insert is provided. The cutting insert includes a circular upper surface, a circular lower surface, a cylindrical lateral surface for connecting the upper surface and the lower surface, an upper cutting edge formed between the upper surface and the lateral surface, a lower cutting edge formed between the lower surface and the lateral surface, and a plurality of rotation-preventing parts provided at the lateral surface so as to prevent the cutting insert from rotating with respect to the tool holder. Each rotation preventing part includes an inner curved surface recessed toward the center of the lateral surface and convexly rounded so as to form concentric circles in conjunction with the lateral surface, and a stepped rotation-preventing surface parallel to the axial direction of the insert and connecting the inner curved surface and the lateral surface.

An indexable milling cutting insert includes an opposed outside and inside, a periphery, and a plurality of homologous and alternately individually usable cutting edges, which are equidistantly spaced apart from a center axis, which extends between the outside and inside. The cutting insert includes a plurality of countersunk chip channels, which are delimited by bottoms and tangentially spaced-apart ridges, which individually include a cutting edge formed between a chip surface included in a first chip channel, and a clearance surface, which borders on a second chip channel.

A tool for a chip removing machining includes a basic body and a replaceable cutting insert, which is indexable by a cutting edge exchange mechanism. The cutting edge mechanism includes an ejector, which in a front part has an attachment for the cutting insert and interacts with a device for transforming a rectilinear, axial projection of the ejector into a simultaneous turning of the same. The cutting edge exchange mechanism includes a stop collar, which is fixedly anchored in relation to the basic body, and through which the ejector is movable back and forth and a carrier included in a rear part of the ejector. In addition, between the carrier and the stop collar, there is arranged a mechanical compression spring, which spaces the carrier from the stop collar. In addition, an autonomous cutting edge exchange mechanism is disclosed.

An indexable milling cutting insert includes an opposed outside and inside, a periphery, and a plurality of homologous and alternately individually usable cutting edges, which are equidistantly spaced apart from a centre axis, which extends between the outside and inside. The cutting insert includes a plurality of countersunk chip channels, which are delimited by bottoms and tangentially spaced-apart ridges, which individually include a cutting edge formed between a chip surface included in a first chip channel, and a clearance surface, which borders on a second chip channel.

A tool for a chip removing machining includes a basic body and a replaceable cutting insert, which is indexable by a cutting edge exchange mechanism. The cutting edge mechanism includes an ejector, which in a front part has an attachment for the cutting insert and interacts with a device for transforming a rectilinear, axial projection of the ejector into a simultaneous turning of the same. The cutting edge exchange mechanism includes a stop collar, which is fixedly anchored in relation to the basic body, and through which the ejector is movable back and forth and a carrier included in a rear part of the ejector. In addition, between the carrier and the stop collar, there is arranged a mechanical compression spring, which spaces the carrier from the stop collar. In addition, an autonomous cutting edge exchange mechanism is disclosed.