Carbon nanotube/epoxy resin (CNE) coatings and carbon nanotube/carboxy iron powder/epoxy resin (CIE) coatings were applied on the surface of Q235 steel, and their corrosion, absorption properties and other characteristics were measured in this work. The results indicate that the average thickness of a single application was approximately 400 μm, and the surface of the CNE coating was still smooth and intact after a 3000 h copper ion accelerated salt spray test without bubbles, falling off or other corrosion phenomena. The same was true for 28 days of full immersion in solutions of 10% hydrochloric acid (HCl) and 10% sodium hydroxide (NaOH) of the coating. The electrochemical testing exhibited the corrosion current of the CNE coating as being markedly lower than that of Q235 steel, with a protection efficiency of 81.68% for the Q235 steel. The CNE-0.6 coating had the maximum corrosion voltage (−0.390 V), and the CNE-0.3 coating had the minimum corrosion current of 2.07 × 10−6 A·cm2. The adhesion between the coating and Q235 could reach level 0, and the tensile strength of the coating was up to 18.75 MPa. The coating was observed to remain intact and free from detachment upon undergoing a drop test from a height of 50 cm. In addition, the CIE-0.6 coating exhibited an effective absorption band of 9.1 GHz, covering the range from 8.2 to 13.7 GHz, and it achieved a maximum reflection loss of −15.1 dB at a frequency of 8.6 GHz.