I used a Milwaukee Hole Dozer (non carbide model) hole saw to drill 4 1/4" (108mm) in a couple 1/4" steel plates. I used a little bench top drill press and only had wd40 for lube. It worked much easier than expected, only taking a couple minutes. The saw still looks like new, with the only some pain rubbed off on the welded seam. I think I could probably use a hand drill if that's all I had. A mag drill would also work if you can rent one.