The present work deals with the comparison of the properties of metallic biomaterials in terms of their suitability for use as a temporary metal implant. In the work is judged biocompatibility of materials, they are comparing the corrosion rates and the influence of additives in the iron alloy to change biocompatibility and corrosion rate. In a part of this work is suggesting a method of preparing biodegradable metallic samples with different alloying elements and determine the methods, processes and measuring the corrosion rates. Part of this work is the chapter dealing with the function and effect of iron in the human body and any complications that may occur when a surplus caused by the release of part of the implant during its degradation or corrosion products. The outcome of this work is sort of created an iron-based samples in terms of their electrochemical corrosion potential, corrosion rate of samples exposed in various corrosive solutions, spectroscopic elemental analysis and outputs from the microscopic observation of the structures.