Add to ORKGThis is a hypereutectoid alloy and illustrates the effect of slow cooling rate on the resultant microstructure. The first phase to form from the melt is proeutectoid cementite. With slow cooling, furnace cooled, allotriomorph cementite forms on the prior austenite grain boundaries, rejecting iron into the melt. At the eutectoid composition the remaining austenite transforms to pearlite.