Nanocrystalline iron-cobalt-vanadium alloy was fabricated by Equal-Channel Angular Pressing (ECAP). Microstructural evolution at different passes of ECAP and the effect of φ in the ECAP were researched. The results revealed that a phase slowly turned to γ phase and followed the form of dislocation cells in the iron-cobalt-vanadium alloy with the increase of severe plastic deformation. At last, it became reasonably finer bands of subgrains. The results with intersect at an angle φ of 90° was better than with at an angle φ of 120°. After th...