The technology of obtaining an abrasive tool on a ceramic bond for surfacing components made of chrome-nickel steels and alloys including the composition of the abrasive mass with wood flour, and the process of tool impregnation with an aqueous solution of chrome diiodide are considered. The comparison results on the efficiency of grindstones made according to the developed technology with their redress life between two consecutive shapings, and the performance quality indices of the processed component surfaces are presented. An empirical dependence of the efficient grindstone life between two consecutive shapings on the component speed, length feed, infeed movement, and the chrome diiodide saturation in the impregnated grindstone, is obtained. It can be used by production managers to optimize the modes of surfacing components from chrome-nickel steels and alloys providing the required performance quality indices. The mechanism of loss of function of the grindstone impregnated with chrome diiodide is considered.