A flux-cored wire comprising a flux which is a core and a hoop which is an outer skin or sheath is described. The flux includes a strong deoxidizing metal element containing Mg and Al, and a fluoride powder. At least 60 mass % of a strong deoxidizing metal powder related to the strong deoxidizing metal element has a grain size of at most 150 μm. At least 60 mass % of the fluoride powder has a grain size of at most 75 μm. The flux is present at a concentration of 10-30 mass % relative to a total mass of the flux-cored wire. The flux-cored wire also requires a specific composition of elements.