Abstract: The microstructures and impact absorbed energies at various temperatures were investigated for steel strips hot rolled to thickness reductions of 95.5%, 96.0%, 96.5%, 97.0%, and 97.5%. Results indicate that grain refinement can be realized with an increase in hot rolling reduction. Besides, finer precipitates can be achieved with an increase in hot rolling reduction from 95.5% to 97.0%. The impact absorbed energy decreases with a decrease in testing temperature for steel strips hot rolled to 95.5%, 96.0%, and 96.5% reductions in thickness. However, in the case of steel strips hot rolled to 97.0% and 97.5% reductions in thickness, the impact absorbed energy remained almost constant with a decrease in testing temperature.