The Fe–Mn–Al–C lightweight steels have attracted great attention in the military, aerospace, and automotive industries due to their high strength and lightweight design. Nevertheless, the excessive Mn and Al inclusions have led to poor formability and processability, which brings challenges to the manufacture of large size complex structural parts. In this study, the lightweight steel with a composition of Fe–Mn–Al–C was prepared by laser powder bed fusion for the first time, aimed at investigating the effects of laser scanning speed. The results show that different laser scanning speeds have significant effects on the process sensitivity of lightweight steel, and too low or too high laser scanning speeds may lead to suboptimal sample quality, increased porosity and surface roughness. At a scanning speed of 800 mm/s, the optimal conditions for the lowest porosity (0.03%) and surface roughness (Sa = 3.34 μm) are achieved, resulting in the highest quality of the formed products. Furthermore, an increase in scanning speed results in a reduction in grain size and an enhancement of dislocation strength. When the scanning speed is 800 mm/s, the significant enrichment of Ni–Mn phase helps to enhance the pinning ability of dislocations, while the precipitation of nanoscale small and dense κ-carbide optimizes the Orowan strengthening effect. As a result, dislocation movement is effectively impeded, leading to superior comprehensive mechanical properties of exceptional strength-plasticity matched with a tensile strength, yield strength, and elongation after fracture of 1125.2 MPa, 1019.8 MPa, and 41.9%, respectively.
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