Fe-rich amorphous dust core alloys with minor-addition of Mo and/or Cr were synthesized because of the industrial request of mass production of high efficient low core loss Fe-based dust cores. It was found that the present Fe-(Cr, Mo)-P-B-Si-(C) amorphous alloy ribbons exhibit good soft magnetic properties of above 1.5 T for saturation magnetization, below 10 A/m for coercivity and rather good corrosion resistance in 3%NaCl aqueous solution.