High-efficiency basic type electrode used for welding fine-grained structural steels, especially impact-resistant steels at low temperatures. It provides high-toughness and crack-free welded joints. The weld metal is metallurgically very pure and has a low hydrogen content. Due to its low carbon content and consequently high crack resistance, it is suitable for use under demanding operating conditions such as dynamic loads and low service temperatures down to -100°C. It can be safely used in the welding of cold storage facilities, piping systems, storage tanks, and root passes. The welds have very high radiographic quality.