The present invention provides a curable cathodic corrosion protection powder coating, which comprises a thermosetting resin, a zinc borate compound, a curing agent in an amount effective to cure the coating. Further, the present invention also provides a method of cathode corrosion protection which includes the steps of subjecting the substrate to a mechanical treatment, applying to said treated steel surface, the cathodic protective coating, and polarizing the coated material as a cathode.