Metals manufactured by selective laser melting (SLM) with different directions exhibit different mechanical properties. This study conducted dynamic and static mechanical tests using a universal testing machine and split-Hopkinson bar (SHPB). The mechanical properties of 18Ni300 with 0° and 90° build directions manufactured by SLM were compared, and the micro-structure properties of the two build directions were analysed by metallographic tests. The Johnson–Cook (J-C) constitutive model was fitted according to the experimental results, and the obtained constitutive parameters were verified by numerical simulations. The results revealed that the constitutive model could predict the mechanical properties of 18Ni300 in a dynamic state. The build direction had little influence on the mechanical properties in a static state, but there was a significant difference in the dynamic state. The difference in the dynamic compressive yield strength of the 18Ni300 material manufactured by SLM with two build directions was 9.8%. The SLM process can be improved to produce 18Ni300 with uniform mechanical properties by studying the reasons for this difference.