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Jyutping lou5 tit3
Pinyin lǎo tiě

Definitions (Wiktionary)
  1. noun, as term of address, often, slang
    (my) brother; mate; man; buddy
    • 扎心了,老鐵。
      扎心了,老铁。
      zhā xīn le , lǎo tiě .
      Your words touched my sore spot, man. (slang)

老鐵 [-铁]

Jyutping
Pinyin lǎo tiě

Definitions (CC-CEDICT)
  1. (slang) very close friend
  2. bro
Examples (Wiktionary)
  1. Mandarin
    扎心了,老铁。
    扎心了,老鐵。
    zhā xīn le , lǎo tiě .
    • Your words touched my sore spot, man. (slang)
    • Life is hard, man. (slang, alternatively)