A metal cutting insert includes a cemented carbide body having a cutting edge and a hole therein for receiving a fastening screw. The hole includes female screw threads for being screw threaded to the fastening screw. The insert is made by a process involving injection molding and sintering steps.

A shaft tool for metal cutting machining, includes a cutting portion and a shaft portion. The cutting portion includes a fist part formed with a cutting edge, and a second part formed with an external screw thread. The first and second parts are of one-piece integral construction. The shaft portion includes an internal screw thread to which the external screw thread is removably secured.