A nickel chromium alloy with 0.4 to 0.6% carbon, 28 to 33% chromium, 15 to 25% iron, 2 to 6% aluminum, up to 2% silicon, up to 2% manganese, up to 1.5% niobium, up to 1.5% tantalum, up to 1.0% tungsten, up to 1.0% titanium, up to 1.0% zirconium, up to 0.5% yttrium, up to 0.1% nitrogen, remainder nickel, has a high oxidation and carburization stability, long-term rupture strength and creep resistance. This alloy is particularly suited as a material for components of petrochemical plants and for parts, for example tube coils of cracker and reformer furnaces, pre-heaters, and reformer tubes, as well as for use for parts of iron ore direct reduction plants.