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Chemically, the most common oxidation states of iron are iron (II) and iron (III). Iron shares many properties with other transition metals, including the other group 8 elements, ruthenium and osmium. Iron forms compounds in a wide range of oxidation states, −2 to +7. Iron helps red blood cells carry oxygen from the lungs to cells all over the body. Iron also plays a role in many important functions in the body. People commonly use iron for preventing and... Iron is a mineral that is naturally present in many foods, added to some food products, and available as a dietary supplement. Iron is an essential component of hemoglobin, an erythrocyte (red blood cell) protein that transfers oxygen from the lungs to the tissues [1]. Iron is a fundamental metal element used in many industries due to its strength, versatility, and ability to be shaped into various forms. Different types of iron, such as steel, cast iron, and wrought iron, each has its unique properties and uses.