This paper reports study on correlations obtained between the microstructure and mechanical properties of four hot rolled ferrite-bainite dual phase steels containing 2-6 % of martensite phase. It has been observed in these steels that a small amount of martensite (2 % and above) is adequate to produce the continuous yielding behavior, characteristic of conventional dual phase steels. These dual phase steel contain substantial amounts of bainite (47 to 74 %) and can achieve high mechanical strength coupled with adequate ductility. The value of the strain hardening exponents of such steels is however rather low. The addition of substitutional alloying elements such as Cr, Mo or V has been found to increase significantly the strength levels of such steels over that of the C-Mn-Si base composition.KEY WORDS: ferrite-bainite dual phase steel; TEM; mechanical properties; strain hardening behavior.ISIJ International, Vol. 47 (2007), No. 7, pp. 1058-1064 hot rolling schedule are given in Fig. 1. The steels with initial thickness of 70 mm were first rolled to 25 mm thickness in 5 passes and then further rolled to 5 mm thickness in 4 passes. The amounts of deformation given in the two stages were 64 % and 80 % respectively. The finish rolling temperature (FRT) was kept within 860-875°C for all the steels so that rolling was completed in the austenitic region. The FRT was decided on the basis of the calculated values of the Ar 3 temperatures of the steels using Andrew's equation 7) and the calculated Ar 3 temperatures for steels A, B C and D are 852°C, 837°C, 849°C and 851°C respectively. Metallographic specimens were cut out from hot rolled materials and were prepared using standard metallographic polishing techniques. The samples were finally etched with La Pera reagent to identify the different phases. Micrographs were observed on the longitudinal sections. In order to confirm the identity of different phases, microhardness measurements were also carried out using Leitz RZD micro hardness tester. The microstructures were analysed with the help of Leica Q-Win Digital Image Analysis software.Tensile tests were carried out in an INSTRON 4210 tensile testing machine on samples from all the four hot rolled steels. Standard ASTM specimens of rectangular cross section having 25 mm width and 50 mm gauge length were used for the purpose. A cross-head speed of 10 mm/min was maintained upto the yield point and, thereafter speed of 50 mm/min was maintained upto fracture. The strain to necking in each specimen was recorded using an extensometer. From the tensile tests the yield strength, ultimate tensile strength, percent total elongation and percent reduction in area were measured. The fractured surfaces of the tensile samples were examined in a Scanning Electron Microscope (JEOL 6400).Standard sub-size samples (as per ASTM E23-02a) from the four hot rolled steels were made for Charpy impact testing. At least three specimens were used for each experiment. Testing was carried out in a Mohr & Federhaff (PSW-30) Charpy Impact Tester...