Compositions and use thereof for metal shaping

An aqueous composition comprising:

• (i) about 5 to 32% by weight of a film-forming lubricant comprising a polyethylene emulsion capable of being solubilized into water in dispersible or emulsifiable form and which softens at a temperature of about 80 to about 200° C. and having an average particle size of 0.001 to 1.5 μm;
• (ii) about 5 to 15% by weight of a film forming acrylic-based polymeric binder capable of being solubilized into water in dispersible or emulsifiable form;
• (iii) about 10 to 50% by weight of a solid lubricant comprising a metal stearate capable of being solubilized into water in dispersible or emulsifiable form;
• and
• (iv) about 0.5 to about 10% by weight of a corrosion inhibitor;
• and
• (v) the balance water;
• wherein said components are at least 90% emulsified when combined in a liquid medium and wherein said composition functions to maintain a thin lubricating film under metal shaping process conditions.