The invention belongs to the technical field of welding materials, and particularly relates to a low-hydrogen easy-to-weld alkaline flux-cored wire prepared from steel slag and used for structural steel. The flux-cored wire is formed in a manner that a low-carbon cold-rolled steel strip is wrapped with flux core powder, and the flux core powder comprises 22%-28% of steel slag, 7.5%-9.0% of Mo40V40Al20 powder, 5.6%-8.2% of FeMn60Si34C 0.02 powder, 4.1%-5.0% of FeTi80-A powder, 7.8%-9.6% of CaF2 powder plated with Ni on the surface, 4.2%-6.0% of nano TiO2, 3.1%-3.8% of 200-mesh nitrocellulose powder, 2.1%-3.0% of feldspar and the balance FHT100.25 iron powder reduced. During welding, the flux-cored wire is stable in electric arc, small in splashing, good in post-welding forming, easy to deslag, suitable for all-position welding, low in residual hydrogen content in deposited metal, uniform in chemical component and high in mechanical property, and is an innovation in the aspect of alkaline flux-cored wires.