The invention discloses a sliding plate lubricant coating sliding plates of a sliding gate system of a steel ladle and a tundish to reduce the friction coefficient between the sliding plates. The sliding plate lubricant comprises the following components in parts by weight: 2-4 parts of xanthan gum, 2-4 parts of guar gum, 0.1-0.5 part of sodium polyacrylate, 2-5 parts of styrene-acrylic emulsion, 85-90 parts of water, 0.5-1 part of sodium bentonite, 0.1-0.5 part of tween, 5-10 parts of sodium silicate, 5-10 parts of potassium silicate, 5-10 parts of sodium dihydrogen phosphate, 5-10 parts of carbon black, 0.1-0.5 part of isothiazolinone, 2-5 parts of boron carbide and 25-35 parts of crystalline flake graphite. The sliding plate lubricant is prepared by stirring and ball-milling. The sliding lubrication and the high-temperature oxidation resistance of the sliding plates can be improved by virtue of the sliding plate lubricant.