This paper deals with carbon steel and stainless steel clad-plate properties. Cladding is performed by the submerged-arc welding (SAW) overlay process. Due to element diffusion (Fe, Cr, Ni, and Mn), a 1.5 mm wide diffusion layer is formed between the stainless steel and carbon steel interface of the cladded plate affecting corrosion resistance. Pitting resistance is evaluated by measuring the critical-pitting temperature (CPT), as described in the American Society for Testing and Materials (ASTM) G-48 standard test. Additionally, Huey immersion tests, in accordance with ASTM A262, Type C, are carried out to evaluate the intergranular corrosion resistance. Some hardness peaks are detected in microalloyed steel close to the molten interface line in the coarse-grained heat-affected zone (CGHAZ). Results show that stress-relieving treatments are not sufficient to avoid hardness peaks. The hardness peaks in the CGHAZ of the microalloyed steel disappear after quenching and tempering (Q and T).