Austenitic stainless steels are widely used in civil and defense industries. However, its low yield strength severely limits its fields of application. Under conventional processing routes, uniform grain refinement improves strength but unfortunately sacrifices ductility. In order to achieve the balance of strength and ductility, a new processing route of cold rolling and cryogenic rolling combined with partial annealing was proposed in this work. The results showed that the two-stage rolling and annealing produced dual-phase heterogeneous microstructure containing micron-sized grains (>1 μm), submicron-sized grains (500–1000 nm), and ultra-fine grains (100–500 nm) arranged in lamellar structures. Compared with the single-stage cold rolled and annealed steel, the tensile strength increased to 1.1 GPa, which was slightly higher than the single-stage cryogenic rolled and annealed steel. Furthermore, the elongation was improved to 25 %. The improvement of tensile properties was mainly due to the contribution of persistent hetero-deformation induced (HDI) hardening and twining induced plasticity (TWIP) effect to work hardening. This study not only proposed a simple and effective way to improve the mechanical properties of austenitic stainless steels, but also provided guidance for the design and development of high performance heterostructured materials.
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