The ferrite grain nucleation mechanism during the austenite/ferrite phase transformation is studied in situ in the bulk of three different steel grades by three-dimensional X-ray diffraction (3DXRD) microscopy. The main difference between the three steel grades is the carbon concentration. For each steel grade the ferrite fraction, nucleus density and nucleation rate are measured simultaneously during continuous cooling. By comparing the measured nucleation rate to the classical nucleation theory it is concluded that the activation energy for ferrite nucleation is about two orders of magnitude smaller than the current models predict for the three steel grades. During slow cooling the same nucleation behaviour is found for the three steel grades concerning the balance between the energy that is released by the elimination of interfaces and the energy that is required for the formation new interfaces during ferrite nucleation.