Effects of annealing conditions on the mechanical properties including bake hardening, microstructure, and texture were investigated in a 1.5% Mn–0.3% Mo ultra-low carbon steel. Bainitic ferrite with high dislocation density became predominant in the microstructure when both higher annealing temperature and higher cooling rate were combined. The highly dislocated phases transformed at low temperatures enhanced both bake hardening and anti-strain aging properties at room temperature, indicating the possibility for producing the non-aging bake-hardenable high strength steel. However, it is necessary to optimize the processing conditions to improve elongation because the highly dislocated structures deteriorated elongation significantly. It is suggested that the γ-fiber intensity can be strengthened through the control of ferrite volume fraction during annealing in the two-phase region.
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