Stainless steel/TiC nanocomposite powder were prepared by high-energy ball-milling method using 316 stainless steel powder, carbon and titanium powder as raw materials. Microstructure of the nanocomposite powder was investigated with XRD and TEM techniques. The results showed that the stainless steel/TiC nanocomposite powder obtained when the ball-milling time was more than 40 hours. DSC analysis method was used to study the characteristics of oxidation resistance and the oxidation reaction kinetics of the nanocomposites powder. Results show that the oxidant resistance of nanocomposite powder was improved, the activation energy of oxidation reaction increased.