An extensive literature search was conducted on the compatibility of ferrous alloys with lithium, with the emphasis on austenitic stainless steels. The information is summarized and is divided into two sections. The first section gives a brief summary and the second is an annotated bibliography. Comparisons of results are complicated by differences in lithium purity, alloy composition, alloy treatment, flow rates, and lithium handling procedures. For long-term application, austenitic stainless steels appear to be limited to about 500$sup 0$C. While corrosion can probably not be decreased to zero, a considerable reduction to tolerable and predictable amounts appears possible. (auth)