Iron is an essential trace mineral in the human body. Adult human body contain approximately 4.5 grams of iron, with 60 to 70 percent of it contained in hemoglobin, about 3 percent in myoglobin, and the reminder is stored in various organs.
Without enough iron, your body can't produce enough hemoglobin and myoglobin. Hemoglobin is a substance (heterotetrameric oxygen transport protein) in red blood cells (erythrocytes) that enables them to carry oxygen.