Hot rolled mild steel seems to have a wider tolerance for amount of included carbon than cold rolled, making it a bit more problematic to use as a blacksmith. Also for similar metals, hot rolled seems to typically be less costly.[11]
Hot rolling is used mainly to produce sheet metal or simple cross sections, such as rail tracks.
Cold rolling
Cold rolling occurs with the metal below its recrystallization temperature (usually at room temperature), which increases the strength via strain hardening up to 20%. It also improves the surface finish and holds tighter tolerances. Commonly cold-rolled products include sheets, strips, bars, and rods; these products are usually smaller than the same products that are hot rolled. Because of the smaller size of the workpieces and their greater strength, as compared to hot rolled stock, four-high or cluster mills are used.[2] Cold rolling cannot reduce the thickness of a workpiece as much as hot rolling in a single pass.
Cold-rolled sheets and strips come in various conditions: full-hard, half-hard, quarter-hard, and skin-rolled. Full-hard rolling reduces the thickness by 50%, while the others involve less of a reduction. Skin-rolling, also known as a skin-pass, involves the least amount of reduction: 0.5-1%. It is used to produce a smooth surface, a uniform thickness, and reduce the yield point phenomenon (by preventing Lüders bands from forming in later processing). It locks dislocations at the surface and thereby reduces the possibility of formation of Lüders bands. To avoid the formation of Lüders bands it is necessary to create substantial density of unpinned dislocations in ferrite matrix. It is also used to breakup the spangles in galvanized steel. Skin-rolled stock is usually used in subsequent cold-working processes where good ductility is required.
Other shapes can be cold-rolled if the cross-section is relatively uniform and the transverse dimension is relatively small. Cold rolling shapes requires a series of shaping operations, usually along the lines of sizing, breakdown, roughing, semi-roughing, semi-finishing, and finishing.
If processed by a blacksmith, the smoother, more consistent, and lower levels of carbon encapsulated in the steel makes it easier to process, but at the cost of being more expensive.[12]
Processes
Roll bending
Roll bending
Main article: Roll bender
Roll bending produces a cylindrical shaped product from plate or steel metals .[13]
Roll forming

Roll forming
Main article: Roll forming
Roll forming, roll bending or plate rolling is a continuous bending operation in which a long strip of metal (typically coiled steel) is passed through consecutive sets of rolls, or stands, each performing only an incremental part of the bend, until the desired cross-section profile is obtained. Roll forming is ideal for producing parts with long lengths or in large quantities. There are 3 main processes: 4 rollers, 3 rollers and 2 rollers, each of which has as different advantages according to the desired specifications of the output plate.
Flat rolling
Flat rolling is the most basic form of rolling with the starting and ending material having a rectangular cross-section. The material is fed in between two rollers, called working rolls, that rotate in opposite directions. The gap between the two rolls is less than the thickness of the starting material, which causes it to deform. The decrease in material thickness causes the material to elongate. The friction at the interface between the material and the rolls causes the material to be pushed through. The amount of deformation possible in a single pass is limited by the friction between the rolls; if the change in thickness is too great the rolls just slip over the material and do not draw it in.[1] The final product is either sheet or plate, with the former being less than 6 mm (0.24 in) thick and the latter greater than; however, heavy plates tend to be formed using a press, which is termed forming, rather than rolling. 轧机分切机英文文献和中文翻译(2):http://www.youerw.com/fanyi/lunwen_15071.html