Impact tensile strength of iron green bodies with densities of 7.2 and 7.4 g/cm3 was examined by Brazilian test using the split-Hopkinson pressure bar (Kolsky bar) method. The powder material used for the experiments was a press-ready premix containing Distaloy AE, graphite, and lubricant. During dynamic compression, the failure behavior of specimens was observed using a high-speed video camera. The failure stress and failure behavior of dynamic compressive tests were compared with those of static compressive tests.