In this paper a calibrated FE model [10] was used forstudying the effect of the cooling conditions and tooledge radius on residual stresses distribution. Theproposed FE procedure and the methodology forpredicting the residual stress state were respectivelyvalidated and demonstrated by using experimentalobservations [2]. In particular, numerical prediction ofboth circumferential and axial residual stresses wasfound to be consistent with those experimentallymeasured.