
The forward reaction in the Haber process is exothermic [exothermic: Heat energy is released in an exothermic reaction. We know this because the surroundings get warm. ]. This means that if the temperature is increased, the position of equilibrium moves in the direction of the reverse reaction, and less ammonia is formed.
You might think that a low temperature would be a good choice for the Haber process: if the forward reaction is exothermic, the yield of product at equilibrium [equilibrium: If the rate of the forward reaction and the rate of the back reaction in a reversible reaction are equal, the reaction is in equilibrium. ] is increased at lower temperatures. However, if the temperature is too low the rate of reaction will be too low. This would make the process uneconomical. So a compromise temperature is chosen: low enough to get a good yield of ammonia but high enough to obtain a reasonable rate of reaction.
The presence of a catalyst [catalyst: A catalyst changes the rate of a chemical reaction without being changed by the reaction itself. ] does not affect the position of the equilibrium, but it does increase the rate of the reaction. This means the ammonia is produced in a shorter time, reducing the cost of the process. Iron is a cheap catalyst.