Iron-chromium alloys are the basis for ferritic and ferritic-martensitic steels that will be used in future fission (generation IV) and fusion nuclear reactors. With Cr content between typically 8 to 12% [1], or even 14% in the matrix of some oxide dispersion-strengthened steels [2], one can expect the precipitation of a Cr-rich α' phase that can be strongly accelerated under irradiation, due to point defect supersaturation. This precipitation can cause hardening and embrittlement. Radiation-induced segregation (RIS) is another important technological problem. It can lead to a Cr depletion at grain boundaries and therefore to a loss of corrosion resistance and again, to embrittlement. RIS in austenitic steels is well known and presents almost systematic trends: depletions of Cr and enrichments of Ni at grain boundaries. In ferritic steels, the experimental situation is far from being so clear: depletions and enrichments of Cr have been observed, without clear correlation with the irradiation conditions and the materials properties [3].Segregation and precipitation occur by formation, migration and elimination of point defects (vacancies and self-interstitials). We present a model that includes these mechanisms, and combines ab initio and atomistic kinetic Monte Carlo (AKMC) simulations. Migration barriers and jump frequencies are computed by using effective pair interactions with concentration and temperature dependences. Thanks to these dependences, the simulations are able to well reproduce the thermodynamic [4] and diffusion [5] properties of dilute and concentrated alloys, including the effects of the magnetic configurations and magnetic transitions, which are especially important in Fe-Cr alloys. They also give kinetics pf precipitation during isothermal annealing in good agreement with experimental studies [5].Simulations of α' precipitation under irradiation, predict that the kinetics can be considerably accelerated. For example, irradiations of alloys with 15 to 18%Cr at 290°C and a dose rate of 3.4×10 -7 dpa.s -1 produce a point defect supersaturations and therefore, an acceleration, of approximately 6-7 orders of magnitudes. To get a more precise estimation of the evolution of sink densities and point defect concentrations, cluster dynamics [6] have been used: the physical time scale of the Monte Carlo simulations is rescaled accordingly and one gets precipitation kinetics in good agreement with the few available experimental results [7,8]. The possible effect of ballistic mixing occurring in displacement cascades and the role of carbon, which is known to strongly interact with the vacancies, will be discussed.RIS results from the elimination of excess vacancies (V) and self-interstitials (I) on sinks such as dislocations, grain boundaries, or free surfaces. Permanent fluxes of point defects towards the sinks are then sustained, i.e. permanent fluxes of chemical species, leading to a modification of the local composition near the sinks. RIS can be analyzed properly in the framework of the thermodynamic...