Abstract
One characteristic of Fine-Blanking is that the size and the direction of stress and strain are very complex in the plastic flow according to the condition of blanking. Especially, they are affected by the clearance of punch and die, by the force of blanking holder and by the force of counter punch. The purpose of this research is to how the deformation behavior in shear zone more clearly, based on Green & Cauch's large deformation theory. The deformation behavior and cracks were investigated in each step of shear, according to punch penetration increase, the use of V-indenter ring and the hardness of materials. This research found that the transforming behavior was the same as pure discretion and the cracks could be prevented when hardness is low.