The correlations between hardness, microstructure and heat-treatment c
ondition of Fe-B microcrystalline materials were systematically invest
igated. The means of controlling microstructure by adjusting compositi
on and, thus, the type of boride was also explored. It was established
that the grain size of the matrix phase was determined by the volume
fraction of dispersive boride particles, and their size follows the fo
rmula: D(max) = 4/3 rBAR/f and, in turn determines hardness which obey
s the Hall-Petch relation: H(V) = H(O) + kd-1/2. It was also found tha
t the size of the boride particles increases exponentially with increa
sing temperature and linearly with the fourth root of holding time. M3
B2 has a lower coarsening rate than M2B; therefore, promoting M3B2 and
inhibiting M2B is an effective measure to stabilize the microcrystall
ine structure under hot exposure.