Shape-memory alloys, such as Ni-Ti and Cu-Zn-Al, show a large reversible strain of more than several percent due to superelasticity. In particular, the Ni-Ti-based alloy, which exhibits some ductility and excellent superelastic strain, is the only superelastic material available for practical applications at present. We herein describe a ferrous polycrystalline, high-strength, shape-memory alloy exhibiting a superelastic strain of more than 13%, with a tensile strength above 1 gigapascal, which is almost twice the maximum superelastic strain obtained in the Ni-Ti alloys. Furthermore, this ferrous alloy has a very large damping capacity and exhibits a large reversible change in magnetization during loading and unloading. This ferrous shape-memory alloy has great potential as a high-damping and sensor material.

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Martensitic transformations in the Fe-(24-30)Ni-(5-8)Si (mass%) alloys have been investigated by means of optical and transmission electron microscopy, differential scanning calorimetry and hardness-testing. The Ms temperature is decreased by Si addition and the morphology of martensite is mainly lenticular in the unaged specimens. However, a pronounced decrease in the Ms temperature and a change in the martensite morphology from the lenticular to the thin plate type are observed on ausaging at 400°C. The increase in austenite hardness, the decrease in the Ms temperature and the increase in the tetragonality of martensite after ausaging at 400°C are clarified as due to the formation of nanoscale particles of gЈ-(Ni,Fe) 3 Si with the L1 2 structure during ausaging at 400°C. The Fe-Ni-Si alloys that form thin plate martensite show the shape memory effect, which arises from the reverse transformation of stress-induced martensite to austenite. Precipitation hardening of the austenite phase by fine gЈ particles during ausaging improves the degree of shape recovery.

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