In order to study the effects of corrosion damage on the hysteresis properties of high strength steel (HSS), dry-wet cycle corrosion tests were conducted on Q690D steel to obtain 6 batches of corroded specimens, and cyclic loading tests were performed on them to analyse the degradation law of hysteresis curve, skeleton curve and hysteretic energy, and then establish the hysteresis constitutive model of corroded HSS steel. Results indicated that although the hysteresis curves of corroded specimens are still smooth and full, corrosion damage would result in the continuous decrease of peak stress, and lead to the linear reduction of hysteresis energy. Besides, the cyclic hardening coefficient K’ and cyclic hardening index n’ of HSS would also decrease linearly with corrosion degree. Based on these experimental results, a new hysteresis constitutive model for corroded HSS steel was proposed, and its validity was verified.