This volume is the proceedings of the Second International Symposium on Microalloyed Bar and Forging Steel, held July 8-10, 1996 at the Colorado School of Mines, Golden, Colorado. Many innovative advances in the development and application of microalloyed bar and forging steels have occurred in the decade that has past since the first symposium. These 38 papers provide a central source of worldwide information on the latest developments in the field.