Excellent OER catalysts can enhance the efficiency of hydrogen production from electrolytic water. The development of low-cost, abundant, and highly efficient catalysts remains crucial for the electrolytic hydrogen production industry. In this work, we have developed a highly efficient and cost-effective stainless steel-based OER catalyst using a strategy combining anodic corrosion and structural reconstruction. This approach is not only simple and easy to scale up production, but more importantly, it can also achieve controllable switching of lattice oxygen evolution mechanism (LOM). Specifically, in a 1 M KOH electrolyte, this catalyst achieves current densities of 500 mA/cm² and 1000 mA/cm² with remarkably low overpotentials of only 347 mV and 382 mV, respectively. Moreover, the catalyst exhibits exceptional stability even under high industrial current densities. In-situ differential electrochemical mass spectrometry (DEMS) experiments provide direct evidence of the transition from the adsorbate evolution mechanism (AEM) to the LOM. Through comprehensive characterizations and density functional theory (DFT) calculations, we have elucidated the underlying mechanism responsible for the improved performance and identified key factors influencing the induction of the LOM. This work provides support and new insights for the design and preparation of high-performance steel-based electrolytic water catalysts.