These proceedings compile papers from an international symposium sponsored by the ISS Product Physical Metallurgy and TMS Phase Transformations committees. These papers bring together academic and industrial experts in austenite formation and decomposition to present the field’s latest developments and cover such areas as advances in the understanding of the mechanistic, diffusional, and thermodynamic aspects of austenite formation and decomposition, as well as the ability to measure, characterize, and model these phenomena. Topics include: Effects of processing on austenite formation or decomposition Computational modeling Analytical methods for measurement of austenite formation and decomposition Characterization of microstructures Metallurgists in the field of ferrous metallurgy in both academia and industry, as well as metallurgists working in the area of phase transformations fundamentals, will find this book to be a valuable reference. From Materials Science & Technology 2003 to be held in Chicago, Illinois, November 9-12, 2003.