The high temperature phase austenite in steel has the property to transform into a variety of room temperature phases like coarse pearlite, bainite & martensite depending upon the cooling cycle. The machinability and toughness depend upon the shape and distribution of pro eutectoid harder phases. The spherical or oval shapes give lesser resistance for machining process. So it is required to design the heat treatment to tailor the property as required by the application. In this view, it is proposed to study the mechanical and micro structural properties of EN47 steel undergoing Spheroidization. The aim of this work is to test the hardness, toughness and wear property of the steel in spheroidised condition. Hardening treatment improves hardness of the material, a marginal decrease in hardness value with improved ductility is observed in tempering. Hardening and longer duration tempering show better wear resistance compared to other heat treatments. Both mild and severe wear regions are observed. Generally mild wear region is observed above five hours of continuous running of the specimen. Micro structural analysis shows the existence of pearlitic structure in as bought & normalized specimen, lath martensitic structure in hardened specimen.