Appropriate base oils and homologous additives such as extreme pressure and anti-wear agents,oiliness agents and antioxidants were selected,and experiments testing the compatibility performance between additive,base oil and other components were carried out to develop the SK and SD series of rolling oils for cold rolling of stainless steel.The developed oils were used in the stainless steel cold rolling lubrication experiments,and were successfully applied in the actual cold rolling operation of stainless steel.Compared with a foreign product,the tribological properties,the thermal oxidation stability,and the rolling lubrication performance of the developed stainless steel cold rolling oils were studied.Test results showed that the tribological properties of the thereby developed rolling oils and the reference one were almost at the same level,and to some extent the performance of rolling was even better than the foreign product,at the same time the stainless steel sheet could retain its well annealed performance.Meanwhile,within a certain range,the lubrication of the rolling oil became better as its viscosity increased at the same level of saponification value,which could provide a lower friction coefficient,so that a higher maximum reduction ratio of the rolled piece through a constant roll gap and a minimum thickness could be secured.Also,similar phenomena appeared as the saponification value increased at a same viscosity level of the rolling oils. Appropriate base oils and homologous additives such as extreme pressure and anti-wear agents, oiliness agents and antioxidants were selected, and experiments testing the compatibility performance between additive, base oil and other components were carried out to develop the SK and SD series of rolling oils for cold rolling of stainless steel. developed oils were used in the stainless steel cold rolling lubrication experiments, and were successfully applied in the actual cold rolling operation of stainless steel. Compared with a foreign product, the tribological properties, the thermal oxidation stability, results in the tribological properties of the developed rolling oils and the reference one were almost at the same level, and to some extent the performance of rolling was even better than the foreign product, at the same time the stainless steel sheet could retain i ts well annealed performance .Meanwhile, within a certain range, the lubrication of the rolling oil became better as its viscosity increased at the same level of saponification value, which could provide a lower friction coefficient, so that a higher maximum reduction ratio of the rolled piece through a constant roll gap and a minimum thickness could be secured. Also, similar phenomena appeared as the saponification value increased at a same viscosity level of the rolling oils.