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One way for carbon to leave the austenite is for cementite to precipitate out of the mix, leaving behind iron that is pure enough to take the form of ferrite, resulting in a cementite-ferrite mixture. Cementite is a stoichiometric phase with the chemical formula of Fe3C. Cementite forms in regions of higher carbon content while other areas revert to ferrite around it...
        
        
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Cementite is a stoichiometric phase with the chemical formula of Fe3C. Cementite forms in regions of higher carbon content while other areas revert to ferrite around it. Self-reinforcing patterns often emerge during this process, leading to a patterned layering known as pearlite (Fe3C:6.33Fe) due to its pearl-like appearance, or the similar but less beautiful bainite...
        
        
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