Over the past decade, it has been a continuously growing interest in exploration of oil and gas in the arctic region. The harsh, cold climate imposes challenging tasks which concern the structural integrity of steels and their weldments. Specific knowledge of metals behavior in such conditions is therefore mandatory in order to provide sufficient robustness. Within this framework, the present paper focuses on the fatigue properties of steels with the intention to provide a comprehensive review of the open literature about the effect of low temperature on the different aspects of the fatigue life of steels and their weldments. The main objective is therefore to provide a reliable basis for suggestions of necessary testing of low temperature fatigue in steels.