Atom probe microscopy was used to generate tomographic analyses of solute clustering and precipitation reactions in a Ti–Mo added microalloyed steel under simulated strip-rolling conditions. It was observed that the interphase row spacing of precipitates was reduced with the application of a pre-strain. The atom probe data also revealed the coexistence of nanoclusters and precipitate particles, even after isothermal holding for 3600s. These microstructural features occurred both within 3-D interphase precipitate sheets, and in randomly selected fields of view. A bimodal distribution of larger (∼8–10nm) precipitates coexisted with smaller nanoclusters (∼3nm) within the interphase sheets/rows. Both the nanoclusters and the precipitates possessed a disc morphology, although nanoclusters with less than ∼30 atoms were more irregular in shape. The size of the nanoclusters and the precipitates was expressed as a Guinier radius, and this varied between 0.5 and 8nm for both strain conditions, with the average size ∼1.8nm. The composition of the nanoclusters varied over a wide range, yet was mostly rich in C. All of the nanoclusters and precipitates consisted of a mixture of Ti, Mo and C and the average precipitate composition was close to that of MC carbide stoichiometry, where M represents a mixture of Ti and Mo. In the majority of cases, the Ti/Mo ratio in the MC carbides was>1. As the Guinier radius increased above 2.5nm, the composition range became narrower, towards the MC carbide stoichiometry, with a small amount of Fe (∼3–12at.%).