text: Pearlite is a two-phased, lamellar (or layered) structure composed of alternating layers of ferrite (87.5 wt%) and cementite (12.5 wt%) that occurs in some steels and cast irons. During slow cooling of an iron-carbon alloy, pearlite forms by a eutectoid reaction as austenite cools below  (the eutectoid temperature). Pearlite is a microstructure occurring in many common grades of steels.