Recently, we have reported that ultrafine elongated grain (UFEG) structures with strong < 110 > //rolling direction (RD) fiber textures, which are similar to those in cold drawn steel wires, [4][5][6] are particularly effective in toughening of medium-carbon low-alloy steel bars.7-11) A 0.4C-2Si-1Cr-1Mo steel (mass%) with an UFEG structure had an average yield strength (σ y ) of 1.84 GPa and an average Charpy V-notch absorbed energy (vE) of 226 J at room temperature. 7,9,11) Furthermore, the UFEG structure steels were observed to exhibit an inverse temperature dependence of toughness at subzero temperatures, as a consequence of delamination, in which cracks branched and propagated in the longitudinal direction of impact bars.7-11) The vE of the UFEG structure steels increased as the temperature decreased, in contrast to a ductile-to-brittle transition of conventional ultra-high strength steels. It has also been clarified that the microstructural factors controlling the occurrence A 0.4C-2Cr-1Mo-2Ni steel (in mass%) was austenitized at 1 123 K, followed by ausforming (AF) using multi-pass caliber rolling with a rolling reduction of 74%. The AF samples were subsequently tempered at 773 K and deformed by multi-pass caliber rolling (i.e. warm tempforming, WTF) with a rolling reduction of 46%. Their microstructures and mechanical properties were investigated and compared to those of the quenched and tempered samples (non-AF samples) which were subjected to the sequent WTF with rolling reductions of 46% and 74%. The WTF with rolling reductions ranging 46 to 74% resulted in the strengthening and toughening of the AF and non-AF samples through the evolution of anisotropic and ultrafine grain structures with strong < 110 > //rolling direction (RD) fiber textures. The AF sample demonstrated the faster kinetics of the microstructural changes, i.e. refinement in the transverse grain size and development of highly elongated grains than the non-AF sample. As a result, the AF sample exhibited a better combination of ultra-high strength and toughness than the non-AF sample, when compared at the rolling reduction of 46%. The combined effect of AF and WTF was especially pronounced in the enhancement of toughness resulting from delamination.