In this study, the effect of the addition of Nd 3+ ions as a corrosion inhibitor of the API X70 steel in a medium rich in chlorides was evaluated. e performance of the Nd 3+ ions was evaluated by means of electrochemical techniques such as potentiodynamic polarization curves, open circuit potential measurements, linear polarization resistance, and electrochemical impedance spectroscopy, as well as by means of scanning electron microscopy and EDS measurements. e results showed that Nd 3+ ions reduce the corrosion rate of steel at concentrations as low as 0.001 M Nd 3+ . At higher concentrations, the inhibition efficiency was only slightly affected although the concentration of chloride ions was increased by the addition of the inhibitor. e adsorption of the Nd 3+ ions promotes the formation of a protective layer of oxides/hydroxides on the metal surface, thereby reducing the exchange rate of electrons. Nd 3+ ions act as a mixed inhibitor with a strong predominant cathodic effect.