A hollow preform impact extruded from a metal billet to produce a progressing wall at a transition wall thickness. An axially forward portion of the progressing wall is ironed by extrusion past an extrusion point to form a sidewall portion of a lesser thickness. Extruding is stopped while some of the billet remains to form the closed bottom end. The preform has a bottom portion, a sidewall portion and a transition wall portion extending between the bottom portion and the sidewall portion. The transition wall portion is thicker than the sidewall portion and can be formed into at least part of the rim of an expansion shaped container. An impact extrusion punch has a central axis, an axially forward, impact surface for impacting metal to be extruded, a transition region for directing material displaced by the impact surface and a rear extrusion point for ironing material extruded past the transition region.