Effect of titanium and nickel on the structure and properties of Fe 3 Al intermetallic alloy containing about 1.0wt.% C have been investigated. The composition of the alloying element was substituted for Iron. The alloys were prepared by melting commercial grade raw materials iron, aluminum, titanium or nickel in air induction furnace with flux cover (AIMFC). Further these ingots were refined by electroslag refining (ESR) process. These ingots could be successfully hot-worked using conventional hot-forging and hot-rolling techniques. The hot-worked material was sound and free from cracks. ESR hot-rolled alloys were examined using optical microscopy, X-ray diffraction (XRD), scanning electron micrograph (SEM) to understand the microstructure of these alloys. The electron probe micro analysis (EPMA) studies were carried out to determine the matrix and precipitate compositions and to identify the phases present in the alloys. The base alloy and the alloy containing Ni exhibited a two-phase microstructure of Fe 3 AlC 0.5 precipitates in Fe 3 Al matrix. The alloy containing Ti exhibits three-phase microstructure, the additional phase being TiC precipitate. Ti addition resulted in no improvement in strength at room temperature and at 873 K whereas Ni addition has resulted in greater improvement in strength at room temperature and at 873 K and also improved the creep life significantly from 66 hrs to 111 hrs.