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Steel cord which is used as reinforcement in car tires is produced by wet-drawing process. Recently the quality improvement of the steel cord product is demanded by the tire market. After cold drawing process, produced residual stresses have a harmful effect on the durability of the wire and become the cause which decreases the quality of the product. Therefore, to improve the quality of the steel cord product, the research regarding the method of residual stress relaxation is necessary. To evaluate the quality of the cold drawn wire, it is very important to measure the residual stress, because the residual stress decides a variety of the quality level which is demanded in the cold drawn wire. The aim of this study is to propose residual stress relaxation method in the drawn wire using FE-analysis. The validity of the analysis results was verified by Nano indentation test.