The high-speed steel (HSS) reinforced by in-situ VC /35CrMo compound roll was produced by electromagnetic semicontinuous casting. The element distribution and the structure morphology of the interface were analysed, and the mechanical properties were tested. The results indicate that the thickness of diffusion layer is around 50μm. The microstructure of the diffusion layer is pearlite, and next to the diffusion layer, the microstructures are ferrite and pearlite at the alloyed steel side. There are in-situ VC particles in martensitic matrix. At the high-speed steel side. The microhardness of HSS and 35CrMo is about 700HV and 250HV, respectively, and that of diffusion layer is near 350HV, which is between that of HSS and 35CrMo. The impact toughness is 100 Jcm-2. On the basis of the experiment, the interface of compound roll prepared by electromagnetic semicontinuous casting obtains good microscopic structure and mechanical properties, which are the results of the metallurgically bonded interface.