Abstract: The present invention discloses a kind of hardfacing alloy, which can be applied onto a workpiece's surface by any one surface treatment process in accordance with material, dimensions, and required properties of the workpiece. For example, this novel hardfacing material can be heated to a fully melted state or a partially melted state by using different types of heat sources, such that the melted hardfacing material can be coated onto the surface of any one workpiece to form a protective layer or a surface modification layer. As a result, the workpiece having the surface coating layer with superior characteristics exhibits outstanding functional performances and has a long service time.