In this thesis, using the 400 series ferrite stainless steel such as 434LD$_2$ which are furter excellent then the existing ferric products in mechanical characteristics, and experiment has been conducted on corrosion resistance of sensor ring. The results are following. 1. The products before sintering are much more corrodible in the condition of spray test of salt water and ammonia than humidity and nitrogen condition. 2. 434LD$_2$ ferrite stainless steel has shown a good corrosion resistance without an addition surface treatment. thus the decreasing production process has been obtained. 3. As hardness value of $H_{RB}$ 80 and tensile test, 434LD$_2$ ferrite stainless steel with show a good endurance when it is combined to constant velocity joint (c/v joint), and has a good hardness properties endurable to sand and pebble impact.