In the present work, the formation of an aluminide coating prior to Hot Press Forming (HPF) was investigated. It was found that the formation of Fe3Al phases could suppress coating degradation during the HPF process. This new method was studied as a way to simultaneously improve the coating ductility and achieve a good hot corrosion resistance. In this new method, the conventional type1 aluminized coating was transformed into an aluminide coating. This aluminide coating protects the steel from high temperature oxidation and enables its plastic deformation at high temperature. The effect of this new solution on the mechanical properties of HPF steel is reviewed in detail.