The article summarizes research on the thermal cycles, structure, and properties of welded joints made from low-alloy and low-carbon steels during arc welding in sub-zero temperatures. This review aims to analyze previous research to create solid recommendations for welding steel bridge structures during winter conditions. The results of a comparison of experimental measurements of thermal cycles of welding samples with different sizes made at room and subzero ambient air temperatures (down to minus 50 °C) are considered. It is shown that in small plates with dimensions of 200 × 250 × 10 mm, due to more intense heat reflection from the edges of the specimen, the thermal cycles of welding at different temperatures do not differ significantly. In more massive samples (sized 450 × 250 × 10 mm), an increase in the cooling rate of the overheated welded joint area is observed compared to room temperature welding. The impact of hydrogen on the development of cold cracks in low-alloy steels during welding at temperatures below freezing is examined. Metallographic analysis has revealed that the structural changes that occur during the welding of various steel grades are notably different and are influenced by the steel’s chemical composition as well as the thermal cycle parameters of the welding process. Dilatometric studies indicate that variations in the levels of alloying elements within different grades significantly influence the kinetics of austenite transformation. Therefore, to identify the best welding techniques for subzero temperatures, it is essential to consider not just how heat disperses in these conditions, but also the kinetics of phase changes and their effects on the structure and properties of the products resulting from austenite decomposition.