Fe–Al–Si in situ composite coating was fabricated on the surface of ASTM A283Gr.D steel by laser cladding with the preplaced powder. The influence of powder composition, laser power and scanning speed on microstructure, microhardness and wear resistance were investigated in this paper. The results show that Fe–Al–Si in situ composite coating with the good metallurgical bond mainly consists of Fe, SiO2 and Al2Fe3Si4 intermetallic compound. With the increase of laser power and scanning speed, the grain size of coating gets the minimum value. With the increase of laser power and scanning speed, microhardness and wear resistance both get the peak vaule, and their value are three times and 3.5 times those of substrate, respectively. The optimum parameters are followed as: the ratio of the preplaced composite powder: 8:1:1, laser power: 1600W and scanning speed: 400mm/min.