In the present study, a multi-step (MS) cyclic rolling and intercritcal annealing process was proposed and applied for dual-phase (DP) steel. The MS process performed three times with 27% deformations and intercritical annealing, while the single-step (SS) process performed an 81% rolling, along with intercritical annealing. A microstructure with an average grain size of 3 μm and a martensite content of ~40% was obtained after MS treatment, which is similar to results obtained from the SS treatment. However, the distribution exhibits significant differences between the two different routes. A more homogenous distribution of ferrite–martensite was achieved after the multi-step compared with the single-step treatment. The yield strength of MS is slightly smaller than that of SS, while the ultimate tensile strength is better, which results in a decrease in yield ratio. Furthermore, the ductility was greatly improved after MS, which is mainly attributed to the uniform chain-like distribution of martensite.
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