There are 7 main types of Metal Processing I have experience with, these are:
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Machining
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processed by machine (normally CNC) to create a form, hole or intricate pattern by cutting material away
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price is linked to the time involved which in turn is linked to the complexity which also impacts jigs/fixtures
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more extensive machining and surface finishing can have many defects caused by the cutting tool
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Casting
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liquid metal is poured into a mold and cooled until becoming hard
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the most widely used process as consistency is high and the cost is relatively low
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cannot achieve high levels of surface finishing and is unsuitable for mating additional components
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Stamping
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produces shapes by hitting metal through a die to bend the material into shapes
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used widely for housings or enclosures, shells, automotive and DIY components such as clips
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cheap and easily repeatable in high volumes but it is limited in the shapes it can produce
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Forming
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bending metal into alternative shapes by means of clamps or presses
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used for curved tubes or relatively flat consistent shapes
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expensive to produce but with little waste material and high strength
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Punching
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produces holes by hitting metal through a die
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simple and cost-effective method for high-volume units but limited in its complexity and material thickness
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Extrusion
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hot material is forced through a die at high pressure forcing the material into the die shape
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used for shelving and tubes mainly, can then be paired with stamping or forming as secondary processes
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very low cost for all aspects and highly repeatable but limited in uses due to simple 2D shape
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Welding
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joining multiple pieces of metal together through high temperature and pressure
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mainly used with steel and aluminium but aluminium requires special training to achieve
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welded parts support complex designs and are strong while after processing can be almost invisible
but the joins can crack when exposed to weathering/erosion over time without protection
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The best method depends on the design and its final use along with what material is desired, each method is useful in its own way