Optimization of the microstructure and its effect on the strength and ductility of the steel is one of the main aspects of the researcher's effort toward production of advanced structural materials. There have been various investigations focusing on the thermomechanical treatment and grain refinement of steel while some researches are dealing with the modification of chemical composition. This article considering major parameters influencing the mechanical properties of steels aims to present an overview of the outstanding achievements in improvement of the dual‐phase steels. Following the obtained consensus, some advanced promising microstructural modification strategies are also suggested, which can bring new insights to shed light upon the further enhancement of the mechanical behavior of the dual‐phase steels.
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