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Phase Diagrams
· At the eutectoid temperature the remaining Austenite transforms to Ferrite and Fe3C.
· The final weight percents of the components can be determined from the lever rule applied at (723 - ε) C. At this temperature:
Cα = 0.022 wt% C, Ccarbide = 6.67 wt% C , and C0 = 0.4 wt % C.
* WαFe = (6.67 - 0.4)/(6.67 - 0.02) = 94 %
* WCarbide = (0.4 - 0.02)/(6.67 - 0.02) = 6 %
· A two-step application of the lever rule gives additional insight into the distribution of the ferrite and cementite in the microstructure.
· At (723 + ε) C, the material is in the two phase (α + γ) region, and: 
 WγFe= (0.4 - 0.02)/(0.77 - 0.02) = 50%
 WαFe= (0.77 - 0.4)/(0.77 - 0.02) = 50%.