Abstract: A ferrous metal strip having a continuous hot-dip coating consisting essentially of the zinc-5% aluminum eutectic alloy which contains as the only metallic additive a metal which reduces the surface tension of the coated bath, such as lead, antimony or tin, with the total amount of the metallic additives being a maximum of about 0.1 wt. %, and said coating being formable and exhibiting good corrosion resistance when exposed to marine-type environments and having a bright, smooth surface free of ripples and spangles which interfere with paintability and weldability.