In this work, the effect of the deformation, caused by cold wire drawing, on the microstructure and the texture of low carbon steel wire (0.06 wt % C) is examined. The combined influence of the deformation level and the recrystallization temperature on the development of new grains is studied for all wires. Isothermal tests of annealing allow the determination of the critical temperature of recrystallization estimated above 450°C. The temperature effect is studied below the eutectoid level, at 500°C, 600°C and 680°C. The appearance of a homogeneous recrystallization is noted over the section of the wire. The recrystallized grains keep the same orientation as the deformed grains. The expansion of time of annealing lead to recrystallization in the ferritic grains accompanied by a spheroidization of the lamellar pearlite. The kinetics of recrystallization and spheroidization are accelerated by increasing of annealing temperature and the deformation level. The experimental techniques used in this study are: the Scanning Electron Microscope (SEM), the Electron Back Scattered Diffraction (EBSD), the X-ray diffraction and Vickers microhardness.