We report an attempt at increasing the thermal stability of nanocrystalline bainite to tempering heat treatments by enhancing the silicon concentration of the alloy. Validation experiments have been conducted using synchrotron X-irradiation during tempering heat treatment. It is found that the change in alloying successfully stabilizes the austenite at elevated temperatures by retarding cementite formation to temperatures as high as 500 °C. Other changes reflected in the lattice parameters of the major phases have revealed further information about the mechanisms involved.