The present invention addresses the problem of providing an Fe-Ni-Cr
alloy for sheath pipes of sheathed heaters, said Fe-Ni-Cr
alloy having excellent
oxidation resistance,
corrosion resistance and
weldability and being able to be used in a wet high-temperature environment. The problem is solved by an Fe-Ni-Cr
alloy which contains, in
mass%, from 0.001% to 0.050% of C, from 0.18% to 1.00% of Si, from 0.20% to 0.80% of Mn, 0.030% or less of P, 0.0001% to 0.0020% of S, from 12% to 21% of Ni, from 18% to 24% of Cr, from 0.20% to 1.50% of Mo, 0.30% or less of Cu, from 0.10% to 0.70% ofAl, from 0.10% to 0.70% of Ti, from 0.002% to 0.015% of N, from 0.0001% to 0.0010% of B, from 0.0002% to 0.0030% of O, 0.002% or less of Ca, and from 0.0010% to 0.0150% of REM in total, said REM being composed of one or more elements selected from among La, Ce and Y, with the balance being made up of Fe and unavoidable impurities, and which satisfies formulae 1 and 2. Formula 1: 0.575 x Ni + 1.25 x Cr + 3.43 x Mo - 39 xP - 5.3 xAl - 641 xREM- 1018 x O ≥ 20.0 Formula 2: 1.5 x Mn + 41.3 x Si + 1469 x S - 1.67 xAl-1.34 x Ti - 150 x O - 620 x REM≥ 5.0 Selected figure: Fig. 1