In the present study, two powders near-β Ti alloys having a nominal composition of Ti-5Al-5Mo-5V-XCr-1Fe (X = 1–2, wt%) were studied. The alloys were produced via the blended elemental powder metallurgy technique using hydrogenated Ti powder. Microstructure evolution and the distribution of the alloying elements between the phases were investigated after each step of thermo-mechanical processing (TMP). Microstructures were refined through the TMP in both alloys. Porosity was reduced with deformation at 1173 K (900 °C) in the β phase field. The β → α phase transformation occurred during soaking at 1023 K (750 °C) in the α + β phase field. Fragmentation of the continuous grain boundary α occurred because of the 40 % deformation at 1023 K (750 °C). Variation in the concentration of the alloying elements in each phase took place through the diffusion during soaking in the α + β phase field, e.g. exit of β-stabilisers from the α-phase. However, the α phase remained supersaturated with β stabilisers. Deformation had no influence on the distribution of the alloying elements. An addition of 1 % Cr content slightly affects the amount of the α phase formed and β grain size, but it has no noticeable effect on the distribution of the alloying elements between the phases.