Reinforced concrete structures under sever conditions such as marine structures, bridges and structures constructed with aggregates(dredged from sea), can be deteriorated from corrosion of the reinforcing bars. The purpose of this study is to evaluate the anti-corrosive performance of coated steel using polymer cement slurry. Polymer cement slurry with various polymer dispersions and corrosion inhibiting agent were coated to the surface of bars, and tested for accelerated corrosion tests. Tests include immersion in NaCl 10% solution, chloride ion spray, autoclave cure, autoclave cure after carbonation, penetration of NaCl 10 % solution, carbonation after penetration of NaCl 10% solution. Test results, show that the anti-corrosive performace is considerably improved by using polymer cement slurry at surface of steel. And this trend is marked by adding of corrosion inhibiting agent. This difference of the anti-corrosive properties is hardly recognized according to types of polymer dispersions. The coated steel using polymer cement slurry will be improved to a great extent compared to those of plain steel when increasing content of chloride ion in cement concrete.