This study is aimed to find out the optimal forming conditions by comparing and analyzing material flow, deformation pattern, and a forming load through rigid-plastic FEM for a flange using pipe. Flanges are widely used for various purposes as connectors of industrial steel pipes which are manufactured by drawing process. The forming feature of flange was reviewed through both heading process and radial extrusion process in a cold working condition. As a result of simulation, the shape of flange can not be made by heading process, but made by radial extrusion process. The effects of design factors, such as gap-height, die-comer radius, and frictional factors on maximum forming load and deformation pattern are investigated for radial extrusion process.