Thesegregationanddiffusionofboronduringheattreatmentswerestudied.Theinfluenceofboroncontents,agingtimeandappliedstressonFeMo2B2formationwasalsostudied.Finally,theeffectsofboroncontentsandFeMo2B2formationonthehightemperaturestrengthwerestudied.Boronatomsweresegregatedtoprioraustenitegrainboundaryduringnormalizingtreatment.Andtheseboronatomswereslowlydiffusedintothegraininteriorduringtemperingandagingat700℃.TheFeMo2B2phasewasonlyformedafter1,000hagingat700℃inalloycontaining196ppmboron.TheformationofFeMo2B2phaseisacceleratedbytheappliedstress.ItwasexpectedthattheformationofFeMo2B2iscloselyrelatedtotheredistributionofboronatoms.Thetensilestrengthsat700℃areincreasedwiththeincreaseofboroncontents.However,theformationofFeMo2B2phaseresultsinlowertensilestrength.