The yield point phenomena in low carbon steel have been explained by the Co
ttrell or the Johnston-Gilman theory in terms of microscopic variables such
as dislocation density, dislocation velocity and the interaction energy be
tween dislocation and solute atom. However, the lower yield stress and the
amount of the Luders strain (stretcher strain) seems not to have been predi
cted by the above theories. In the present work we tried to explain the phe
nomena quantitatively by a phenomenological (rheological) model using macro
scopic Variables such as work-hardening rate and the strain rate sensitivit
y of flow stress which we can be measured by tensile test. In the model a n
ew internal stress was introduced which is supposed to be work (strain)-sof
tened and age-hardened. Numerical calculation showed that the model can pre
dict the Values of the upper and lower yield stress and the amount of the L
uders strain, and the effect of strain rate on these characteristics.