The present work is focused on monitoring the microstructure evolution of the thermomechanically rolled medium-C steel containing Si and Al to prevent the precipitation of carbides. The initial microstructure consists of carbide-free bainite, polygonal ferrite and blocky-type and interlath retained austenite. To monitor the transformation behaviour of the retained austenite transforming into strain-induced martensite, tensile tests were interrupted at particular strains (5 %, 10 %, 15 %, 18.4 %). The amount of the retained austenite determined with XRD and EBSD techniques decreased from 17 % to 6.8 % upon straining, which was related to the transformation-induced plasticity effect. The identification of the retained austenite and strain-induced martensite was carried out using an electron scanning microscope equipped with EBSD (electron backscatter diffraction). It was found that sheet samples are strongly strengthened by the transformation of the blocky retained austenite, whereas the layers and films of the g phase are over-stabilized and they do not transform into martensite. Keywords: AHSS, bainitic steel, retained austenite, thermomechanical treatment, TRIP effect, strain-induced martensite Delo obravnava pregled razvoja mikrostrukture pri termomehanskem valjanju srednje oglji~nega jekla s Si in Al, ki prepre~ita izlo~anje karbidov. Za~etna mikrostruktura je bila iz bainita brez karbidov, poligonalnega ferita ter zaostalega avstenita kockaste oblike in zaostalega avstenita med lamelami. Za spremljanje vedenja zaostalega avstenita pri pretvorbi v deformacijsko induciran martenzit so bili natezni preizkusi prekinjeni pri posameznih raztezkih (5 %, 10 %, 15 %, 18,4 %). Dele`zaostalega avstenita, dolo~en z XRD in EBSD, se je zmanj{al po natezni deformaciji iz 17 % na 6,8 %, kar je posledica vpliva z deformacijo povzro~ene pretvorbe na plasti~nost. Identifikacija zaostalega avstenita in napetostno induciranega martenzita je bila izvr{ena z vrsti~nim elektronskim mikroskopom, opremljenim z EBSD (difrakcija odbitih elektronov). Ugotovljeno je, da se vzorci plo~evine bolj utrjujejo s pretvorbo kockastega zaostalega avstenita, medtem ko so plasti in sloji g-faze bolj stabilizirani in se ne pretvorijo v martenzit.