Abstract: The invention relates to a material (504), having adjacent regions of differing strength and ductility, that has been formed by rapidly deforming a suitable base metal (501) having a banded structure, such as illustartively a previously cold worked low carbon steel alloy, in order to generate a high rate of change in the internal energy of the base metal. This energy change depressed the transformation temperatures of the base metal and induced an allotropic phase transformation to occur therein. Specifically, prior to being deformed, the base metal is maintained at a fairly low temperature, e.g. at or near room temperature. The tooling, preferably rolls, that is used to provide the deformation is maintained at a modestly elevated temperature.