The ALE formalism is used for simulating this stationary process.

The mesh is Eulerian (every nodes are moved back to their initial position after each step). This avoids to consider a very large Lagrangian mesh.

The problem is axisymmetric.

The wire is pulled from the top through a rigid die.

The penalty method is used for the contact between the die and the wire.

After a brief transient state, the stationary state is reached.