An example of corrosion, where it only applies to iron and alloys of iron, like steel.
Both Water and oxygen has to be present, for rusting to take place
But with other metals, it would be corroding
Rusting is a REDOX reaction:
Iron is oxidised as it lost electrons:
Fe−>Fe3++3e−
Oxygen is reduced as it gains electrons:
O2+4e−−>2O2−