What are Carbide Tools? ďƒ˜Carbide tools are equipment made of the compound carbide. ďƒ˜Carbide is a compound that consists of two elements; carbon and metals/silicon/boron. ďƒ˜Some of the metals may include tungsten, calcium, iron, or other examples. Carbide tools are very hard, as well as being intractable, as well as being long lasting when used in the machining industry.