It was noticed that this orientation relationships were compatible with the literature (Kurdjumov-Sachs and Shoji-Nishiyama orientation relationship). Precipitation phase (carbide) formation was observed in microstructure analyses. The changes in the magnetic properties of the alloys having different rates of Mn as a consequence of thermal effect phase transformations was investigated by using Mössbauer Spectroscopy. The internal magnetic field, volume fractions (transformation rates), isomer shift values and magnetic characteristics of the main and product phases were revealed by Mössbauer Spectroscopy. In the Mössbauer Spectrum, it was noticed that ε-martensite and γ-austenite structures showed paramagnetic single-peak, and α' -martensite showed ferromagnetic six-peaks.