This work describes manufacture, analysis and test of a new well conducting corrosion-protection coating that can be applied on steel types with high chromium content. Electrolytic deposition of yttrium salts is used to form thin (<100 nm) coatings on both flat steel sheets (material: Crofer 22 APU) and its properties are proven on woven wire-meshes (materials from two different sources: SUS316 and SUS316L). The oxide scale on the coated Crofer 22 APU sheet remains intact after 2000 hours operation at 750 °C in H2 with 90% H2O. The corrosion rate at 750 °C of the coated Crofer 22 APU sheets is compared with that of uncoated samples and of samples with a commercial magneton sputtered CGO coating revealing that the coatings reduce the parabolic rate constant characteristic of the corrosion by a factor of 10 and 20 for the CGO and the Y, respectively.The coated meshes also exhibit high corrosion resistance and long-term-stable low electrical resistance at 650 °C, both in 90% H2O in H2, and in air. In addition to the experimental work, Y-Cr-O2 phase diagrams are constructed illustrating the high stability of the YCrO3 phase (that forms during corrosion) over a wide temperature and pO2 range.