Novel 1Al-Sc-Y ODS Eurofer steel for use in high temperature heavy metal cooling technologies has been developed by a mechanical alloying of feedstock powders using spark plasma sintering technique and a two-step heat treatment. The 1 wt.% Al has been added to increase the resistance in the environments at high temperatures. This paper reports the microstructure and mechanical properties of the material in the as-manufactured state, and after exposure in liquid lead. Emphasis is placed on the determination of environmental resistance and namely susceptibility to cracking in contact with liquid lead. The material specimens were exposed to static liquid lead with an average concentration of oxygen 1 × 10−6 wt.% at 600 °C for 1000 h and then, tensile, impact, fracture toughness and slow three-point bend testing was performed. After the exposure, some Pb penetrated into a subsurface layer which in fact caused wetting but testing with the remains of liquid lead at the surface of corroded specimens at 350 °C showed that the steel stayed very low susceptible to the cracking.