be aware there are a few kinds of carbide drill bit
The most common is for soft abrasive materials like circuit boards and reinforced plastic. These won't work in hard steel, they break down.
There are carbide drills designed for hard materials. They're often a conventional drill design or a straight flute. They're expensive and have a narrow processing window.
There are concrete cutting masonry bits. They can be sharpened on a Blaze belt into something that cuts reasonably well.
Carbide works best in a rigid setup, so a mill or good drill press is helpful. Trying to do this with a hand held drill motor doesn't work great. <--- wear good eye protection
I use old ball endmills for stuff like this. They break down, but I keep old junk around just for this sort of thing. If you want some I'd be happy to send you a few.