The present work aims to evaluate the electrochemical characteristics of the Fe–based alloy coating formed on the 27SiMn steel substrate under neutral salt spray and 3.5 wt% NaCl environments. By adopting the high-speed laser cladding technique, the Fe-based clad layer was fabricated to perform microstructural and electrochemical characterizations. The microstructure and phase of the coating were analyzed using a scanning electron microscope (SEM), electron backscatter diffraction (EBSD) and X-ray diffraction (XRD), and its corrosion performance was also discussed using the salt spray corrosion chamber and the electrochemical workstation. The results show that the microstructure of the coating surface contains equiaxed crystals and long dendritic crystals which arise due to the higher solidification rate after the cladding process. The Fe–based coating was rich in FeCr phase throughout its microstructure without the formation of the intermetallic compounds. Compared to the substrate, the corroded surface of the coating tends to be compact containing a few corrosion pits after different corrosion times, which is attributed to the formation of Cr oxide on it. The electrochemical tests on the potentiodynamic polarization curve (PPC) and electrochemical impedance spectrum (EIS) indicate that the corrosion resistance of the coating is superior to the substrate, presenting a higher corrosion potential (−0.298 V), lower passive current density (1.36 × 10−6 A•cm2), and higher charge transfer resistance (8.23 × 106 Ω·cm2). Additionally, the corrosion mechanism of coating in salt spray and electrochemical tests is the local pitting corrosion due to the autocatalytic effect on the localized region, which facilitates Cl− ions penetrating the coating and leads to the dissolution of Fe and Cr oxides.
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