According to an aspect of the present invention, there is provided a flux-cored wire including a steel sheath and a flux that fills the steel sheath. The flux contains fluorides of which a total value α of F-equivalent values is 0.21% or more, oxides of which the total value β of amounts ranges from 0.30% to less than 3.50%, and carbonates of which a total value of amounts ranges from 0% to 3.50%. An amount of CaO ranges from 0% to less than 0.20%. An amount of iron powder ranges from 0% to less than 10.0%. A X-value is 5.0% or less. The amount of CaF2 is less than 0.50%. The amount of Ti oxides ranges from 0.10% to less than 2.50%. A ratio of α to β ranges from 0.10 to 4.00. A total value of amounts of MgCO3, Na2CO3, and LiCO3 ranges from 0% to 3.00%. Other chemical composition is within a predetermined range. Ceq ranges from 0.45% to 1.20%.