Quenching involves heating the steel to create the austenite phase then quenching it in water or oil. This rapid cooling results in a hard but brittle martensitic structure. The steel is then tempered, which is just a specialized type of annealing, to reduce brittleness. In this application the annealing (tempering) process transforms some of the martensite into cementite, or spheroidite and hence it reduces the internal stresses and defects. The result is a more ductile and fracture-resistant steel. 
Annealing is the process of heating the steel to a sufficiently high temperature to relieve local internal stresses. It does not create a general softening of the product but only locally relieves strains and stresses locked up within the material. Annealing goes through three phases: recovery, recrystallization, and grain growth. The temperature required to anneal a particular steel depends on the type of annealing to be achieved and the alloying constituents.
There are many types of heat treating processes available to steel. The most common are annealing, quenching, and tempering. Heat treatment is effective on compositions above the eutectoid composition (hypereutectoid) of 0.8% carbon. Hypoeutectoid steel does not benefit from heat treatment.
Heat treatment
 

Steel is an alloy of iron and carbon with trace amounts of other elements. Because of its high tensile strength and low cost, it is a major component used in buildings, infrastructure, tools, ships, automobiles, machines, appliances, and weapons.

 

 

Steel base metal is iron, which is able to take on two crystalline forms (allotropic forms), body centered cubic (BCC) and face centered cubic (FCC), depending on its temperature. It is the interaction of those allotropes with the alloying elements, primarily carbon, that gives steel and cast iron their range of unique properties. In the body-centred cubic arrangement, there is an iron atom in the centre of each cube, and in the face-centred cubic, there is one at the center of each of the six faces of the cube.

STEEL