Rutile-basic coated electrode with a high recovery (170%) for welding of Nickel-Chromium-Molybdenum alloys to themselves and to lower alloyed steels as well as for welding of special austenitic stainless steels. Often used for butt-welding and surfacing on low alloyed and high strength steels as well as for dissimilar joints, buffer layers and for difficult to weld steels. Crack resistant buffer layers on machine parts in earth movement and steel-industries subject to impact and pressure.