The invention discloses a natural mineral-based high-temperature anti-oxidation decarbonization coating. According to coating dry powder, the coating comprises the following components in percentage by weight: 15 to 35 percent of Al2O3, 35 to 55 percent of SiO2, 2 to 12 percent of Fe2O3, 2 to 10 percent of MgO, 3 to 10 percent of C, 5 to 20 percent of Na2O, 0 to 5 percent of CaO, 0 to 5 percent of K2O, and water which enables the density of the final coating slurry to be 1,100 to 1,500kg / m<3>. After the raw materials are weighed according to proportions, the water is added into the raw materials, the mixture is ground by a ball mill, the mixture is sieved by a 200-mesh sieve, and a binding agent, i.e. sodium water glass, and water are added into the mixture until the final density of slurry is adjusted to 1,100 to 1,500kg / m<3>. The coating can be directly coated onto the surface of a steel material to form a protecting layer, the oxidation burning loss of the steel material in a heating process can be obviously reduced, the surface quality of the steel material is improved, the cost is low, and the preparation process is simple.