To improve the sustainable utilization of alkali-activated steel slag material, experiments were conducted to systematically investigate effects of sodium silicate modulus and GBFS content on the setting time, workability, mechanical properties and pore structure of alkali-activated steel slag cementitious material. Results show that the setting time is prolonged and workability is reduced as silicate modulus increases. The setting time is first shortened and then prolonged and workability is slightly reduced as GBFS content increases. Increasing silicate modulus and adding GBFS have positive effects on the development of elastic modulus, compressive and splitting tensile strength of alkali-activated steel slag material due to more refined pore structure. The highest compressive strength at 28 d can reach C35 strength level. Manufacturing alkali-activated steel slag material can achieve low energy consumption and carbon emission. If chemical activators can be replaced by some industrial wastes, cost, energy consumption and carbon footprint will be further decreased.