The fabrication of medium carbon steel–matrix composites locally reinforced with in situ TiB 2 –TiC particulates using self-propagating high-temperature synthesis (SHS) reaction of Ni–Ti–B 4 C system during casting was investigated. X–ray diffraction (XRD) results reveal that the exotherm of 1042°C initiated by heat release of the solid state reaction in the differential thermal analysis (DTA) curve is an incomplete reaction in Ni–Ti–B 4 C system. As-cast microstructures of the in situ processed composites reveal a relatively uniform distribution of TiB 2 –TiC particulates in the locally reinforced regions. Furthermore, the particulate size and micro-porosity in the locally reinforced regions are significantly decreased with the increasing of the Ni content in the preforms. For a Ni content of 30 and 40wt.%, near fully dense composites locally reinforced with in situ TiB 2 and TiC particulates can be fabricated. Although most of fine TiB 2 and TiC particulates which form by the reaction–precipitation mechanism during SHS reaction are present in the locally reinforced region, some large particulates which form by the nucleation–growth mechanism during solidification are entrapped inside the Fe-rich region located in the reinforcing region or inside the matrix region nearby the interface between matrix and reinforcing region. The hardness of the reinforcing region in the composite is significantly higher than that of the unreinforced medium carbon steel. Furthermore, the hardness values of the composites synthesized from 30 to 40wt.% Ni–Ti–B 4 C systems are higher than those of the composites synthesized from 10 to 20wt.% Ni–Ti–B 4 C systems.