This lecture covers the martensitic transformation in metals and alloys, focusing on the structural changes that occur during this process. The instructor explains the characteristics of austenite and ferrite, emphasizing the role of carbon atoms in the transformation. The discussion includes the importance of avoiding the formation of pearlite to achieve martensite, detailing the conditions necessary for rapid cooling. The lecture also introduces the TTT (Time-Temperature-Transformation) diagrams, illustrating how different cooling rates affect the formation of various phases, including bainite and martensite. The instructor highlights the significance of alloying elements in influencing the transformation process and the resulting microstructures. The lecture concludes with practical examples of TTT diagrams for different steel compositions, demonstrating how these diagrams can guide metallurgical processes and heat treatments to achieve desired material properties.