Does Fe stand for ferrum?

Could you please clarify if "Fe" indeed stands for "ferrum"? I'm curious to know if this abbreviation is universally recognized in the scientific or engineering community as a representation for iron, which is commonly known by its Latin name, ferrum. It would be helpful to understand if this abbreviation holds true across various contexts and disciplines, or if it's more specific to certain fields. Additionally, I'm wondering if there are any other abbreviations that might be commonly used to represent iron, and if "Fe" is the most prevalent one.