Expert smiths, Dwarves tend toward mountains and hard working lives. So the saying goes Dwarves live to work, Orcs work to live. Among the most disciplined individuals of the realm a Dwarf will make an excellent soldier or smith. They tend towards being honest folk who will make do on their word.
Dwarves will make swords and shields to sell not because they seek profits but because they value taking the materials of the earth and their home and putting it to use.
Dwarves value their relationship with Giants for staying true to their promise to not use the art of smithing for personal gain. They strongly detest those who would break their word or seem shifty. As a result many Elves draw the ire of Dwarves who see them as nothing more then tricksters and liars.