• The corrosion behavior of three F/M steels with different Si and Y contents, 12Cr-Y, 11Cr-1Si, and 11Cr-1Si-Y in static liquid LBE with different temperature, oxygen concentration and test time was studied. • The oxide layer and dissolution corrosion features were observed and analysed. • The thin and dense oxide layer was formed in LBE with lower oxygen concentration. • Synergistic effect of Si and Y-addition significantly reduced the oxidation rate and dissolution corrosion performance of steels. Ferritic/martensitic (F/M) steels with (9–12)wt.% Cr are potential candidates for structural applications in Lead-cooled Fast Reactors (LFR) due to their low solubility in liquid Lead-Bismuth Eutectic (LBE) coolant. How to improve corrosion resistance of 9-12Cr F/M steels has been a challenge. Here we cast three steels by pre-laying yttrium (Y) powder on the bottom of mold to obtained Y-bearing steels. Precursory work on this family of Y-bearing steels has previously highlighted them with the longer steady state creep stage and the lower minimum creep rate at 650 °C under 120 MPa, which has motivated their study under more extreme conditions, such as corrosion behavior in liquid LBE. We find a synergistic effect of Si and Y on both optimizing structure and reducing thickness of oxide scale at various oxygen concentrations, exposing temperatures and test times. The oxide scale changed from dual layers to single spinel layer, the thickness reduced from 36 μm to 4 μm, dissolution corrosion and PbBi penetration were inhibited. Low diffusion coefficient of ions in SiO 2 and Y segregation on grain boundaries of steels hinder the outward diffusion of cations, and strong affinity between Y and O leads to the formation of Y 2 O 3 preferentially, acting as nucleation sites of SiO 2 and Cr 2 O 3 , accelerating a dense and continuous oxide scale. This work enables the development of structure steels with high corrosion resistance for various high temperature application, including boiler steel, gas turbine, and heat exchanger tubes.