The invention relates to a method for manufacturing a ductile, high strength austenitic stainless steel object from an austenitic stainless, steel strip, in which method the strip is cold worked in order to promote the formation of martensite into the microstructure of the strip, and the strip having a dual-phase microstructure is further processed. The strip is then shaped to a desired object having at least one curved or arcuate area and during the shaping of the object the different areas of the strip are deformed in different degrees. The desired object is further reversion annealed in order to reverse martensite back to the austenite form and a hardening effect is achieved in order to have an essentially fine grain microstructure for at least the curved or arcuate area of the object.