Abstract: A welding material for use in a consumable or non-consumable electrode welding of stainless steels, capable of forming a weld metal with excellent corrosion resistance and mechanical properties, being drawn into a welding wire easily. The welding material is a composite welding wire composed of a steel shell and a filler material enveloped by the said steel shell and not containing slag forming agent. The welding material, as a whole, has the chemical composition as follows (by weight %): Not more than 0.3% C, not more than 1.0% Si, not more than 1.5% Mn, not more than 0.04% P, not more than 0.01% S, not more than 0.5% Al, 8.0 to 10.0% Mo, 22.0 to 26.0% Cr, 2.0 to 5.0% Mo, 0.12 to 0.24% N, not more than 3.0% Co, not more than 5.0% W, not more than 2.0% Cu, not more than 1.5% V and the equivalent PREW of the welding material is not smaller than 42.0 and ferrite volume index Ph of the welding material is 0.12 to 0.