Thermo‐Mechanical Properties of an Fe–Mn–Si–Cr–Ni–VC Shape Memory Alloy with Low Transformation Temperature

Fe‐based shape memory alloys are supposed to be an interesting and cost‐effective alternative to NiTi‐based alloys. In this work, the thermo‐mechanical behavior of a novel Fe–Mn–Si–Cr–Ni–VC shape memory alloy produced using standard air‐casting facilities is characterized as well as in the hot forged and cold rolled state. Besides a certain pseudoelasticity, the alloy shows good shape recovery properties and remarkably high shape memory stresses after heating to temperatures of only 160 °C, making the alloy interesting for commercial applications that make use of the shape memory effect.