In terms of performance and cost, microalloyed steels are between a
carbon steel and a low alloy steel. Their yield strength is between 275 and 750 MPa (40 and 110 ksi) (40,000 psi and 110,000 psi) without heat treatment. Weldability is good. Fatigue life and wear resistance are superior to similar heat-treated steels. The disadvantages are that
ductility and
toughness are not as good as quenched and tempered (Q&T) steels.
Because microalloyed steels are not quenched and tempered, they are not susceptible to quench cracking, nor do they need to be straightened or stress relieved.
However, because of this, they are through-hardened and do not have a softer and tougher core like quench and tempered steels.