The effect of vanadium-nitrogen combined microalloying on the mechanical properties of 20MnSiV and 16MnV microalloyed steels was investigated through the contrast tests of adding V-Fe(51.6%V) or nitrogen enriched vanadium alloy VN12(American priority product,80%V,12%N),into 20MnSiV and 16MnV steels.Compared with VFe(51.6%V),microalloying with nitrogen enriched vanadium alloy VN12 have good economical benefits due to vanadium saving.