Using the nano Fe powders having 50 nm in diameter, Fe compact bodies were fabricated by injec-tion molding process. The relationship between microstructure and material properties depending on the volume ratio of powder/binder and sintering temperature were characterized by SEM, TEM techniques. In the compact body with the volume percentage ratio of 45(Fe powder) : 55(binder), which was sintered at the relative density was about and the values of volume shrinkage and hardness were about and 242.0 Hv, respec-tively. Using the composition of 50(Fe powder) : 50(binder) and sintered at the values of relative density, volume shrinkage and hardness of Fe sintered bodies were and 152.8 Hv, respectively. They showed brittle fracture mode due to the porous and fine microstructure.