Iron boride is used in the production of borated steels and borated stainless steels, deoxidizing agents, increase the hardness of steel, and alloying components of coatings applied to weld-facing electrodes. It is also used to improve abrasion resistance, wear resistance, and oxidation resistance. It is used in oil and gas refinery, chemical extraction, automotive, agricultural, stamping, textile extrusion and injection molding industries.
