In this study, the production process of eccentric head bolts that fasten flanges for water supply pipe connections, which can only be achieved through the cold forging process, was improved. For axial forging, forming analysis was performed for a 200-ton header machine to check the raw material specifications, forming load, and metal flow improvements suitable for forming. The analysis found that the forging of high-strength bolts of M14×65 ㎜ with eccentric heads was possible under the maximum load condition of 137.2 tons with low carbon boron steel of ø13.8×89.7 ㎜ and 105.2 g. By mounting the prototype mold on the header machine, it was possible to prevent metal flow breakage, as shown by the trial mass production test. It was possible to improve the strength of the eccentric head bolt and reduce the weight of the input material through the cutting process. Therefore, manufacturing costs could be reduced.