In order to reduce costs relative to the current process, two potentially effective methods could be:
Direct or indirect extrusion from hot-rolled billet
Impression-die forging from cold-drawn steel
Utilizing hot-rolled steel in the extrusion process can be cost-effective. Hot-rolled steel is typically more economical than cold-drawn steel, and the extrusion process allows for efficient shaping of the material, potentially reducing overall production costs.
Forging from cold-drawn steel can offer cost advantages due to the initial savings in material costs compared to hot-rolled steel. Additionally, the impression-die forging process allows for precise shaping, ensuring minimal waste and improved material utilization, further contributing to cost reduction.