Step 1: Understanding the Concept:
The Iron-Carbon phase diagram shows the phases present in iron-carbon alloys at different temperatures and compositions. The eutectoid point is a specific invariant point where one solid phase (Austenite) transforms into two other solid phases (Ferrite and Cementite) simultaneously upon cooling.
Step 2: Key Formula or Approach:
Identify the three major invariant reactions in the Fe-C diagram:
Peritectic (1495°C)
Eutectic (4.3% C, 1147°C)
Eutectoid (0.76%–0.8% C, 723°C–727°C)
Step 3: Detailed Explanation:
The eutectoid reaction occurs at a temperature of approximately 723°C (often cited as 727°C in modern texts) and a carbon concentration of 0.8%. At this point, Austenite ($\gamma$) transforms into Pearlite, which is a lamellar mixture of Alpha-ferrite ($\alpha$) and Cementite ($Fe_3C$). Alloys with exactly this composition are called eutectoid steels.
Step 4: Final Answer:
The eutectoid point occurs at 0.8% C and 723°C.