The invention discloses silicon nitride ferrovanadium, which comprises the following components in percentage by weight: 15 to 50 percent of vanadium, 10 to 40 percent of silicon, 8 to 30 percent of nitrogen, 4 to 30 percent of iron, less than or equal to 1 percent of carbon, less than or equal to 0.01 percent of aluminum, less than or equal to 0.05 percent of sulfur, and less than or equal to 0.05 percent of phosphor. Compared with the prior art, the product combines high nitrogen content of the silicon nitride and microalloying effect of vanadium nitride, and overcomes the defects that the silicon nitride has high melting point and small density, and is completely decomposed and overflowed in high temperature molten steel, and the nitrogen content of the vanadium nitride is low; and compared with the vanadium nitride products, the product has higher nitrogen content, and according to the proportion of silicon and vanadium, the nitrogen content reaches 22 to 30 percent. Compared withsilicon nitride products, the composite nitrides have low melting point and large density, and are advantageous to absorption of molten steel. When the silicon nitride ferrovanadium is used in steel making production, the nitrogen content in the steel can be effectively improved, and the steel can be microalloyed.