| Summary: | The aim of the study was to investigate the thermal stability of the nanostructure produced in X37CrMoV5-1 tool steel by austempering heat treatment consisted of austenitization and isothermal quenching at the range of the bainitic transformation. The nanostructure was composed of bainitic ferrite plates of nanometric thickness separated by thin layers of retained austenite. It was revealed, that the annealing at the temperature higher than temperature of austempering led to formation of cementite precipitations. At the initial stage of annealing cementite precipitations occurred in the interfaces between ferritic bainite and austenite. With increasing temperature of annealing, the volume fraction and size of cementite precipitations also increased. Simultaneously fine spherical Fe7C3 carbides appeared. At the highest annealing temperature the large, spherical Fe7C3 carbides as well as cementite precipitates inside the ferrite grains were observed. Moreover the volume fraction of bainitic ferrite and of freshly formed martensite increased in steel as a result of retained austenite transformation during cooling down to room temperature.
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