A nitrided steel base plate with excellent corrosion resistance comprises, by weight percent, 0.010%-0.10% of C, 0.10%-1.00% of Mn, 0.010%-0.10% of Si, smaller than or equal to 0.02% of P, smaller than or equal to 0.01% of S, 0.50%-1.50% of Als, smaller than or equal to 0.005% of N, 0.10%-1.50% of Cr, 0.01%-1.00% of Cu and 0.01%-1.00% of Ni. A production method comprises the preparing steps of melting and continuous casting blank forming, cast blank heating, hot rolling, reeling, cold rolling, annealing and flattening. Steel used for a traditional iron pan serves as a base body, and rusting can be effectively avoided after nitriding treatment; the surface hardness is high, the corrosion resistance is excellent, the high-temperature performance is stable, and the fatigue resisting strength is high. After the low-carbon steel plate is subjected to the nitriding treatment, the low-carbon steel plate can replace stainless steel and functional coating steel plates to be used for manufacturing woks, corrosion resisting containers and the like.