The paper focuses on research into processing of high-alloy corrosion resistant steels by the method of centreless circular grinding. The physical and mechanical properties of such steels determine certain difficulties in their grinding as compared with other materials, which necessitates a thorough investigation of this issue. The paper presents experimental data on the dependence of machined surface roughness and hardness, as well as workpiece surface average temperature and microhardness, on the machining conditions and grinding wheel characteristics.