The e!ect of microstructural change during isothermal heat treatment on structure -sensitive magnetic properties has been investigated for 1Cr}1Mo}0.25V steel. Magnetic permeability increased, but coercive force and Vickers hardness decreased as ageing time increased. During the isothermal heat treatment, Mn 23 C 6 and (Cr 2.5 Fe 4.3 Mo 0.1 )C 3 carbides were found at grain boundaries. These
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