Abstract: An automatic cutting apparatus for the binding band on a strip coil comprising a carriage movable towards and away from the strip coil, a pawl guide rod operatively connected to the carriage for movement towards and away from the strip coil, a jaw member pivoted at one end to the carriage and at the other end to the pawl guide rod for opening and closing movement, pawl mechanisms secured to the other end of the jaw member to be guided along the pawl guide rod in response to the opening and closing movement of the jaw member, separate operation mechanisms for the pawl guide rod and jaw member, a primary cutting blade secured to the undersurface of the pawl guide rod, and cooperating feed rollers and feed rollers for shredding and a shredding blade mechanism for further cutting the binding band after the band has been pulled from the strip coil by the pawls and primarily sheared off by the primary cutting blade and then pulled to the shredding position by the feed rollers for delivery to the feed rollers for sh