Nanostructuring of ferritic stainless steel refers to the process of intentionally reducing the grain size of the material at the nanoscale level. By manipulating the microstructure of the steel, it is possible to enhance its mechanical, physical, and chemical properties. Nanostructuring can significantly improve the strength, hardness, and wear resistance of ferritic stainless steel, while still maintaining its corrosion resistance. The increased density of grain boundaries and the complex dislocation network within the nanostructured material contribute to these improved properties. Moreover, the nanostructured ferritic stainless steel exhibits enhanced thermal stability, leading to better high-temperature performance and resistance to creep deformation. The small grain size also allows for increased precipitation of secondary phases, such as carbides, nitrides, or intermetallic compounds, which can further improve the material's properties. There are several methods to achieve nanostructuring in ferritic stainless steel, such as severe plastic deformation (SPD) techniques like high-pressure torsion, equal channel angular pressing, and accumulative roll bonding. These techniques impose extreme plastic deformation on the material. Leading to grain refinement below the micrometre range. Also, a novel method of surface nanostructuring ultrasonic shot peening (USP) is discussed in detail. Shot peening is a process in which small, spherical media, typically made of steel or ceramic, called "shots," are propelled onto the surface of a material at high velocities. Ultrasonic shot peening enhances the traditional shot peening process by introducing high-frequency vibrations to the shots. These vibrations are generated by an ultrasonic transducer, which is immersed in a bath of shots and liquid. The vibrations are transmitted through the liquid to the shots, causing them to collide with the surface of the ferritic steel at even higher velocities and energy levels than in traditional shot peening. In summary, nanostructuring of ferritic stainless steel offers great potential for tailoring the material's properties to meet specific application requirements, including improved strength, hardness, wear resistance, corrosion resistance, and high-temperature performance. USP is an effective surface treatment method for ferritic steel, offering advantages in terms of fatigue life, stress corrosion cracking resistance, surface hardness, and wear resistance.