This video from Peter Lindholm demonstrates two fundamental blacksmithing techniques: Drawing out and Scrolling.
Peter takes care to draw out both ends of his piece of round rod to fine points. He then bends one end at a 90 degree angle. This is so he can pound the hook directly into the wall or beam for hanging.
He then focuses on the other end and gently scrolls the tip to give it some style. This also keeps it from catching on garments or whatever he might hang on it.
For more, go to the Next Hook Video.