A thermomechanical process (TMP) for grain refinement was performed in bulk Fe3Al-based alloys containing ˜10% volume fraction of κ-Fe3AlC precipitates. In the TMP, κ particles play an important role in reducing the inhomogeneity of recrystallization due to the matrix orientation. The grain size was refined to ˜20 μm by optimizing the κ particle size. A fine-grained and pancake/recovered microstructure fabricated by the TMP showed more than 1200 MPa tensile strength and 8% tensile ductility at room temperature in air. The tensile strength of this material was higher than those of conventional wrought Fe3Al alloys at temperatures between room temperature and 500 °C, and the specific tensile strength was as high as that of the Ti-6Al-4V alloy at temperatures above 400 °C.