Drawing lengthens the metal by reducing one or both of the other two dimensions. As the depth is reduced, the width narrowed, or both the piece is lengthened or "drawn out".
As an example of drawing, a smith making a wood chisel might flatten a square bar of steel, lengthening the metal, reducing its depth but keeping its width consistent.
Drawing does not have to be uniform. A taper can result as in making a wedge or the woodworking chisel blade. If tapered in two dimensions a point results.
Drawing can be accomplished with a variety of tools and methods. Two typical methods using only hammer and anvil would be: hammering on the anvil horn, and hammering on the anvil face using the cross peen of a hammer.
Another method for drawing is to use a tool called a fuller, or the peen of the hammer to hasten the drawing out of a thick piece of metal. The technique is called fullering from the tool. Fullering consists of hammering a series of indentations (with corresponding ridges) perpendicular to the long section of the piece being drawn. The resulting effect will be to look somewhat like waves along the top of the piece. Then the hammer is turned over to use the flat face and the tops of the ridges are hammered down level with the bottoms of the indentations. This forces the metal to grow in length (and width if left unchecked) much faster than just hammering with the flat face of the hammer.