Ni45Co5Mn36.6In13.4 ribbons were prepared by the melt spinning technique. They are in the austenitic state at the room temperature with a Cubic L21 structure and are composed of columnar grains growing perpendicular to the ribbon plane. A nearly single {001}〈100〉 cube component is formed at low wheel‐rotating speed due to the preferential growth of nuclei in the ribbon plane normal and length directions. Appropriate control of the melt spinning condition offers a promising solution to the texturation of polycrystalline ferromagnetic shape memory alloys.
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