Purpose: The microstructure of the new ledeburitic, tool cast steel of the precipitation hardened matrix was designed. The concept of this microstructure was based on the microstructure of the steel-bonded carbides [1,2], in which a skeleton is built of sintered carbides. This skeleton is produced by the powder metallurgy methods and then filled with melted steel of the selected chemical composition. Design/methodology/approach: The new cast steel of the structure analogous to the steel-bonded carbides was conventionally melted in a furnace, however with omitting pressing and sintering operations of the powder metallurgy. The carbides skeleton in the new cast steel is formed by carbides of the MC type forming jointly ledeburite and its matrix constitutes steel hardened by precipitates of intermetallic compounds. This new material will be destined for tools of a moderate hardness (approximately 40 HRC), high abrasion resistance and high strength. Findings: Utilising hard carbides forming by elements of VB group of the Mendeleev’s table it is possible to design the tool material similar to the steel-bonded carbide of the selected matrix composition and primary carbides of MC type. Research limitations/implications: The chemical composition the matrix of designed material decides on its hardness and strength, the MC type carbides decide on the abrasion resistance and if they occur in the eutectic form they decide on a rather low fracture toughness. Therefore efforts should be undertaken to have non-ledeburitic materials. Practical implications: As a result of these investigations a new precipitation hardened cast steel have been worked out and a possibility of its industry applied was shown. Originality/value: The results of investigations of phase transformations in the new cast steel at its heating and cooling from the austenite range, are presented in the hereby paper.
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