Abstract: The present invention relates an iron based brazing material comprising an alloy consisting essentially of: 15 to 30 wt % chromium (Cr); 0 to 5.0 wt % manganese (Mn); 15 to 30 wt % nickel (Ni); 1.0 to 12 wt % molybdenum (Mo); 0 to 4.0 wt % copper (Cu); 0 to 1.0 wt % nitrogen (N); 0 to 20 wt % silicone (Si); 0 to 2.0 wt % boron (B); 0 to 16 wt % phosphorus (P); optionally 0.0 to 2.5 wt % of each of one or more of elements selected from the group consisting of carbon (C), vanadium (V), titanium (Ti), tungsten (W), aluminum (Al), niobium (Nb), hafnium (Hf), and tantalum (Ta); the alloy being balanced with Fe, and small inevitable amounts of contaminating elements; and wherein Si, B and P are in amounts effective to lower melting temperature, and Si, B, and P are contained in amounts according to the following formula: Index=wt % P+1.1×wt % Si+3×wt % B, and the value of the Index is within the range of from about 5 wt % to about 20.