Steel used in the automotive industry must strike a delicate balance between strength and ductility to maintain the structural integrity of vehicles and achieve intricate designs. Traditional methods of reducing weight by using high-strength low-carbon steels have limitations. As a result, a new dual-phase lightweight steel with an austenite-ferrite structure and the composition Fe-0.52 C-11Mn-5.14Al-1Cr was developed. The relationship between the microstructure and mechanical properties of this lightweight steel, which underwent various annealing processes (700°C-1000°C) after cold rolling, was examined using specialized equipment like a universal testing machine, electron microscopy, and X-ray diffractometer. The findings reveal that the cold-rolled test steel (CR) exhibits high tensile strength (1500 MPa) but low elongation at break (3.9 %). The performance of the experimental steel post-annealing treatment has shown significant improvement, with the average grain size increasing with higher annealing temperatures. The γ phase generally shows an increasing trend, with finer grains post-annealing, and the distribution of the α phase displays a consistent pattern along γ boundaries. Additionally, a substantial number of annealing twins appear in the matrix. These twin boundaries absorb some dislocations, and slip leads to the movement of twin boundaries, effectively reducing stress concentration from deformation and enhancing the ability of twin boundaries to accommodate plastic strain, creating twin dislocation interaction. The interplay among dislocations, stacking faults, and twins regulates the balance between strength and plasticity. Following treatment at 850°C × 1 min + 500°C × 3 min, the steel displays excellent mechanical properties, including ultimate tensile strength (836 MPa), elongation (53 %), and strength-ductility product (43,723 MPa·%). This study identifies a specific heat treatment parameter that achieves a harmonious equilibrium between outstanding strength and plasticity (strength-ductility product) within the designed composition.
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