This invention is azotize ferro-vanadium and method for making same. The composition of azotize ferro-vanadium is: vanadium 47-81%, nitrogen 8-16%, iron 4-44%, carbon<=1%, silicon<=1.50%, aluminium<=0.01%, manganese<=0.50%, sulfur<=0.05%, phosphor<=0.05%; the method includes following steps: mixing powderedvanadium compound, carbonaceous reducer and ferrous powder, then adding agglomerant, briquetting, putting them into metallurgical furnace with protective atmosphere when they have been dry to do carbon thermal reduction, nitridation and sintered reaction, the temperature of carbon thermal reduction part is: 900-1200DEG C, the temperature of nitridation part is: 1200DEG C-1350 DEG C, the temperature of sintered reaction part is: 1350DEG C-1490DEG C, the total reaction time is: 2-18 hours. This invention simplifies traditional technique, greatly shortens reaction period, reduces the equipment input and cost of production, the obtained products is of stable quality, high vanadium yield, large density, low fusing point in steel application.