The microstructure, hardness property and wear resistance coatings of WC, Ni-Cr and Fe powders deposited by laser cladding at varying processing parameters were investigated. The results of the present study revealed the prospects of multilayer cladding of R6M5 high-speed tool steel (analogy of M2 steel) onto low-alloy steel with the use of a laser beam. Controlling thermal cycles of laser cladding, it is possible to obtain a clad coating made of high-speed steel having the structure of high-alloy austenite martensite mixture with disperse inclusions of carbides up to 10 mm thick, i.e., it is actually possible to create bimetal structures. The wear resistance of the laser-clad self-fluxing PG-10N-01 (Ni-Cr-B-Si-C) alloy increases by a factor of 5 due to additional hardening by cast tungsten carbide with spherical particles. As a result, it becomes higher than the wear resistance of high-speed steel by more than a factor of 3.