The present invention provides a process of producing a family of
hot rolled dual phase steel sheets having excellent
formability and stretch flangeability, with yield strengths of from about 500 MPa to about 900 MPa from a single steel
chemistry consisting of, by weight percent, 0.02-0.15% of C, 0.3-2.5% of Mn, 0.1-2.0% of Cr, 0.01-0.2% Al, 0.001-0.01% Ca, not more than 0.1% P, not more than 0.03% S, not more than 0.2% Ti, not more than 0.2% V, not more than 0.2% Nb, not more than 0.5% Mo, not more than 0.5% Cu, not more than 0.5% Ni, the balance being Fe and unavoidable impurities. A slab or
ingot of this composition is reheated to a temperature of between 1050° C. and 1350° C. and held at this temperature for at least 10 minutes, then
hot rolled, completing the hot rolling at between 800° C. and 1000° C. The sheet is cooled, immediately after completion of hot rolling, at a rate of not lower than 10 C / sec., without requiring specific cooling patterns, and coiled at a temperature of not less than 450 C. The
cooling temperature is controlled to produce the desired yield strength within the range of from about 500 MPa to about 900 MPa.