An Fe-Cr-Ni alloy used for parts of an automatic loom such as a heald (7) and reed (12) consisting of from 13 to 20% of Cr, from 4 to 15% of Ni, the balance being Fe and unavoidable impurities, and having a microstructure that is 60% or more strain-induced martensite. Wear resistance of the parts is improved, so that neither fluff nor rupture of yarn occurs during loom operation.