In this paper, a new sensor is proposed to efficiently gather crucial information on corrosion phenomena and their progression within steel components. Fabricated with plastic optical fibers (POF), the sensor can detect corrosion-induced physical changes in the appearance of monitoring points within the steel material. Additionally, the new sensor incorporates an innovative structure that efficiently utilizes bi-directional optical transmission in the POF, simplifying the installation procedure and reducing the total cost of the POF cables by as much as 50% when monitoring multiple points. Furthermore, an extremely compact dummy sensor with the length of 5 mm and a diameter of 2.2 mm for corrosion-depth detection was introduced, and its functionality was validated through experiments. This paper outlines the concept and fundamental structure of the proposed sensor; analyzes the results of various experiments; and discusses its effectiveness, prospects, and economic advantages.