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The paper describes the results of experiments aimed at obtaining iron-copper alloys with different iron content using electroslag remelting method. The obtained alloys of iron and copper were carefully examined to study their mechanical and physical properties. The article shows the results of the research work investigating the influence of iron on crystallization characteristics of the copper alloy. It was found, that iron-copper alloys can compete successfully with expensive copper-silver alloys, which are used to manufacture mold walls. The article offers the results of the experiments investigating hardness, wear resistance, thermal conductivity and temperature conductivity of the obtained iron-copper alloys; their casting characteristics were also studied.