Abstract: In order to promote the resource utilization of steel slag, based on the stability evaluation of steel slag, using lime as alkali activator, the unconfined compressive strength test, X-ray diffraction（XRD） and scanning electron microscope（SEM） were used to study the effects of different alkali-activated slag mix ratios and alkali-activated slag content on the compressive strength of slag-stabilized steel slag mixture. The hydration products and strength enhancement mechanism of slag-stabilized steel slag mixture was discussed. The research showed that the strength of the mixture increased first and then decreased with the increase of lime content, and the optimal mix ratio of lime and mineral powder was 1∶4.2. Under this mix ratio, the 7 d strength of the mixture with 4.5% alkali activated mineral powder content reached 6.27 MPa, which met the technical requirements of high-grade pavement. With the increase of alkali-activated slag content, the compressive strength of the mixture increased, the elastic section of the load-deformation curve increased gradually, the plastic section and the descending section decreased, and the plastic deformation capacity decreased. Lime can better stimulate the potential activity of the slag-steel slag system. The hydration products included hydrated calcium silicate, hydrated calcium aluminate and Jennite. The internal honeycomb and fibrous cementitious structure made the internal structure of the mixture denser and improved the macroscopic strength and volume stability of the mixture.