The chemical element with the symbol 'Fe' is iron. Iron is a transition metal known for its strength and durability, and it plays a crucial role in various industrial applications, including construction and manufacturing. It is the fourth most abundant element in the universe and is primarily obtained from ores such as hematite and magnetite. Iron is also an essential element for living organisms, as it is a key component of hemoglobin, the protein responsible for transporting oxygen in the blood. Its versatility and importance make iron a significant material throughout history and in modern technology.