A nickel-base alloy characterized by good workability and fabricability and further characterized in both the cold-rolled and aged conditions by high strength, good ductility and resistance to pitting, hydrogen embrittlement and stress corrosion cracking, said alloy consisting essentially of, in weight percent, about 18.5 to about 22% chromium, from 5 to 15% iron, from 6.5 to 9% molybdenum, from 3 to 4.5% columbium, the molybdenum and columbium being correlated such that when the molybdenum exceeds 7% the columbium is not greater than about 4%, about 1 to 2.5% titanium, up to 0.5% aluminum and about 52 to less than 60% nickel in which the nickel, molybdenum, chromium and columbium are correlated to satisfy the following relationship:
- % Ni.gtoreq.3.3(% Mo+% Cr+2% Cb)-71
- and in which any Laves phase does not exceed about 5% as determined by the following relationship:
- LN (% Laves)=-2.408-0.01881 (% Ni+% Cb)+0.00929 (% Fe.times.% Mo)+0.2075 (% Mo.times.% Cb).