“…The processing of the new-generation ODS alloy consists of three steps [22]: (1) MA to produce chemically homogeneous powders, (2) hot consolidation of the powders by intensive plastic deformation, e.g., by rolling, providing a compact ultra-fine grained alloy due to an intensive dynamic recrystallization and (3) heat treatment to provoke secondary recrystallization leading to rather coarse-grained microstructure conditioning an excellent creep resistance. A complex optimization of the chemical composition of the new-generation ODS alloy performed recently by the authors of the Institute of Physics of Materials leads to conclusion that pure Y-nano-oxides as strengthening particles are much better with respect to coarsening than other nano-oxides [21,22], as well as in terms of the cohesive strength of grain boundaries being influenced by wetting of the nano-oxides (unpublished results). Moreover, the influence of Mo, Ta, La, Ti, Co and Ni alloying on the creep resistance is evaluated as negative or neutral and Cr alloying as slightly positive (unpublished results).…”