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Microalloyed (MA) steels have been developed as one of the most significant metallurgical advances over the last thirty years, with their property improvement and cost effectiveness characteristics. Even though the underlying principles for microstructural property control of these steels have been well established, applications of these steels are still limited in scale mainly due to a lack of their understanding. This review paper focuses on mechanical property control of these steels. Since the properties depend mainly on the composition and microstructure which in turn are controlled by steel making and processing, metallurgical variables are reviewed in this first part of the review. These include their strengthening mechanisms, effects of composition and processing on their behavior, and the various MA steel microstructures.

Microalloyed (MA) steels have been developed as economical alternatives to the traditional quenched and tempered (QT) steels. The physical metallurgy principles underlying their basic composition-processing-microstructure-property interrelationships have been reviewed in the first part of the review. In this second part of the review, mechanical properties as well as fabrication properties, such as mahinability, weldability, and formability, are discussed. Flat products (such as strips, sheets, and plates), long products (including bars, rods, sections/profiles), and forging articles made of MA steels are investigated. Since most engineering components made of these steels are subjected to cyclic loading, fatigue and fracture performance of MA steels and their comparison with the QT steels are also evaluated in this review.