The invention relates to a pressure balance valve for a hot scarfing machine. The valve is composed of a valve body, a valve cover, a nozzle and a diaphragm assembly, wherein the diaphragm assembly is composed of a diaphragm, a sealing copper plate and a diaphragm pressing plate, a central threaded interface of the valve body is a medium outlet, one end of the nozzle extends into the central threaded interface of the valve body, and a gasket is arranged at the joint between the nozzle and the valve body to ensure the sealing of the nozzle and the valve body; the diaphragm assembly is arranged at the other end of the nozzle, the edge of the diaphragm is attached to the valve body, the sealing copper plate is arranged at the attaching position of the diaphragm and the valve body, the valve body is covered with the valve cover, the valve cover is fixed to the valve body through hexagon bolts, and therefore it is guaranteed that the pressure balance valve is sealed and free of leakage; and the diaphragm divides the valve body, the valve cover and the nozzle into three cavities, namely a medium upstream cavity, a control air source cavity and a discharge cavity. The valve has the remarkable advantages of compact structure, sensitive adjustment, wide application range, large flow and durability.