Similar to the eutectic group of invariant transformations is a group of peritectic reactions, in which a liquid and solid phase decomposes into a solid phase on cooling through the peritectic isotherm. This article describes the equilibrium freezing and nonequilibrium freezing of peritectic alloys. It informs that peritectic reactions or transformations are very common in the solidification of metals. The article discusses the formation of peritectic structures that can occur by three mechanisms: peritectic reaction, peritectic transformation, and direct precipitation of beta from the melt. It provides a discussion on the peritectic structures in iron-base alloys and concludes with information on multicomponent systems.