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A novel concept for the heat treatment of martensite, different to customary quenching and tempering, is described. This involves quenching to below the martensite-start temperature and directly ageing, either at, or above, the initial quench temperature. If competing reactions, principally carbide precipitation, are suppressed by appropriate alloying, the carbon partitions from the supersaturated martensite phase to the untransformed austenite phase, thereby increasing the stability of the residual austenite upon subsequent cooling to room temperature. This novel treatment has been termed ‘quenching and partitioning’ (Q&P), to distinguish it from quenching and tempering, and can be used to generate microstructures with martensite/austenite combinations giving attractive properties. Another approach that has been used to produce austenite-containing microstructures is by alloying to suppress carbide precipitation during the formation of bainitic structures, and interesting comparisons can be made between the two approaches. Moreover, formation of carbide-free bainite during the Q&P partitioning treatment may be a reaction competing for carbon, although this could also be used constructively as an additional stage of Q&P partitioning to form part of the final microstructure. Amongst the ferrous alloys examined so far are medium carbon bar steels and low carbon formable TRIP-assisted sheet steels.