The Cu alloy for drawing mold contains Cr 0-0.5 wt%, Mn 1.8-4.0 wt%, Fe 1.8-4.0 wt% and Al 12.5-14.5 wt%, except Cu and inevitable small amount of impurity. It has hardness of HRC 42-50 deg, high heat conductivity, good machinability, small friction coefficient, high wear resistance, high anticorrosion, smoothness and long service life. It is used mainly in machining stainless steel drawing mold, thin sheet drawing mold, steel pipe forming roller, automobile and motorcycle steel ring machining roller, gear for heavy machinery, etc.