In this paper, the in uence of the cutting speed, feed, and the depth of cut on the cutting force, surface roughness, cutting temperature, and tool wear were experimentally investigated under the low temperature oil-on-water (LTOoW) cooling and lubrication condition in turning the hardened tool steel AISI D2 (60±1HRC) with the PCBN cutting tool. The results showed that the three-component cutting forces is F Y >F Z >F X and the cutting speed has more signi cant effect on the ratio of F Y /F Z at the range of 55-495 m/min cutting speed, 0.05-0.25 mm feed, and 0.05-0.25 mm depth of cut. The in uence of the cutting speed on the cutting temperature is slightly more visible compared to the feed and depth of cut. In this experiment, a satisfactory surface roughness value of 0.54 µm can be obtained, gaining the effect of the turning instead of the grinding. The ank wear values of the PCBN tool are 142 µm and 148 µm respectively at the cutting speeds of 55 and 140 m/min; however, the ank wear value abruptly increases to 668 µm at a 495 m/min, which has a very serious impact on the tool life. The abrasive wear is considered to be a predominant wear mechanism on the ank wear of PCBN tool. The rake face is dominated by crater wear due to the high temperature, high pressure, high stress and high friction at the chip-tool interface.