The requirement for lighter, safer and fuel efficient cars has created a major stir in the steel research society to develop advanced automotive steels. Since there is a trade off between strength and ductility, most of the conventional high strength steels do not address the strength-formability combination. With the realization of the TRIP phenomenon first in austenitic stainless steels, a new generation of advanced steels called TRIP steels were realised with an inexpensive and easier to process C-Mn-Si chemistry. TRIP or TRransformation Induced Plasticity is a phenomenon where the timely strain induced transformation of Retained Austenite (RA) to Martensite locally strengthens the steel at the point of plastic instability, causing failure by necking to be postponed and shifted elsewhere along the steel. This phenomenon repeated over and over again allows increased levels of strength and ductility, prior to fracture.; In current TRIP grades, the retained austenite particles present have to posses certain characteristics such as, optimum carbon concentration, optimum grain size and morphology etc. in order to account toward mechanical properties. Such limiting characteristics in turn minimize the processing window and make TRIP processing expensive and difficult to control. In this work, it is suggested that Tempered Martensite Assisted Steels (TMAS) obtained from TRIP steels via subcritical annealing of cold rolled TRIP steels may potentially replace TRIP steels. Relationship between the retained austenite volume fractions and mechanical properties was developed for TRIP steels. The effect of variation of retained austenite on tempered martensite volume fraction in TMAS, which in turn affect the mechanical properties was also investigated in depth. Results indicate that tempered martensite particles in TMAS do not have any limiting factors as in the case of RA in TRIP steels, in order to contribute toward enhancement of mechanical properties. Results also indicate that TMAS offers better strength levels compared to TRIP steels for same the level of formability.; Retained austenite volume fractions in TRIP steels were measured through XRD. Cold rolling of the samples was done in a laboratory scale rolling machine. The microstructures were analysed using conventional and color etching techniques. A new color etching technique for viewing all the four major phases in TRIP steel was developed in this work. The mechanical properties of both TRIP and TMAS were assessed by shear punch testing. And finally, the relationship between tempered martensite volume fraction and TMAS properties was developed and was compared to TRIP properties.
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