The article deals with the influence of the loading rate in the interval from 1 to 1000 mm/min on the mechanical properties of drawing steel sheet, used for the manufacture of automotive parts, under tension and bending conditions. It describes the aspects of material characteristics under tension and bending conditions, while bending tests were made on notched specimens (a modified impact bending test). With an increasing strain rate up to the critical value, the resistance of material against strain increases and hence the yield point and the tensile strength increase, the deformation ability, the deformation homogeneity, the structure and the substructure after deformation, etc. Are changed. The paper presents knowledge that using a modified notch toughness test it is possible to achieve the formability characteristics corresponding to dynamic strain rates even under the static loading.