It is found that Fe-P-Si-V alloys tend to be in an amorphous state on cooli
ng at a rate of 10(5) to 10(6) K/s. As compared to Fe-P-Si alloys, the crys
tallization behavior of the Fe-P-Si-V alloys is more complex owing to the f
ormation of both metastable and equilibrium silicides. The metastable phase
s are nanocrystalline, as evidenced by transmission electron microscopy, wh
ich ensures a noticeable strength gain.