A micro-alloyed composite cored wire for wear-resistant steel, made of the following components by mass percentage: Ca12‑14%, Si45‑50%, Mg1.5‑2%, Ba1.5‑2%, Zr2‑3.5 %, Ce1.37‑2.6%, La0.75‑1.4%, Nd0.13‑0.6%, V0.2‑0.3%, Al0.01‑0.03%, Ti0.01‑0.03%, B0.002‑0.004% , and the balance is iron and unavoidable impurities. The present invention uses the micro-alloyed composite cored wire to replace the precious Ni element to smelt the wear-resistant steel. Compared with the existing technology, the addition of the composite cored wire improves the mechanical properties of the wear-resistant steel, so that the steel can obtain a higher Low relative mass wear amount and relative wear thickness refine grains and improve impact toughness and wear performance. The cerium, lanthanum, neodymium, calcium, magnesium, zirconium and other elements in the composite cored wire have a strong binding force with impurities such as oxygen and sulfur, which can purify the molten steel and reduce the source of cracks caused by the stress concentration of large inclusions , Improve the quality of steel. The invention improves the deficiencies in the production of the existing wear-resistant steel, and has good economic and social benefits.