Conventional　preparation　methods,　such　as　spark　plasma　sintering　(SPS),　hot　isostatic　pressing　(HIP),　and　hot　extrusion　(HEX),　are　recognized　for　their　high　cost　and　complexity,　which　constitutes　a　major　obstacle　to　the　widespread　industrial　application　of　ODS　steels.　In　this　study,　a　new　liquid　metal　(LM)　strategy　is　adopted,　and　the　effect　of　hot　rolling　on　the　microstructure,　texture,　and　mechanical　properties　of　12Cr-ODS　steels　processed　by　the　LM　strategy　is　systematically　investigated　using　a　characterization　approach　dominated　by　electron　back-scatter　diffraction　(EBSD)　analysis.　Surprisingly,　the　product　of　strength　and　elongation　(PSE)　of　ODS　steel　can　be　improved　to　exceed　40　GPa·%　by　combining　the　LM　strategy　with　hot　rolling,　which　is　difficult　to　achieve　with　the　conventional　powder　metallurgy　(PM)　method.　The　strengthening　of　the　LM-ODS　steel　involves　the　control　of　the　volume　fraction　of　martensite,　the　evolution　of　Y-bearing　particles,　and　dynamic　recrystallization　(DRX),　which　is　accompanied　by　texture　evolution　and　a　decrease　in　grain　size.　The　strategy　can　provide　theoretical　guidance　for　industrial-scale　manufacturing　of　high-performance　and　low-cost　ODS　steels,　further　accelerating　the　adoption　of　ODS　steels.　©　2025　Elsevier　Ltd