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What Does Iron Do? Your body needs iron to make hemoglobin, the part of your red blood cells that carries oxygen throughout your body. Every cell in your body needs iron to make energy. Not eating enough iron can lead to iron-deficiency anemia. People with a higher risk for iron-deficiency anemia include:
Iron in Your Body. The majority of your bodyâs iron is found in hemoglobin, the part of red blood cells that carries oxygen for delivery to your cells. Hemoglobin is a highly complex molecule that has one atom of iron at its center. That one atom is what gives blood its red coloring.