This study was performed to optimize friction welding conditions of Cr-Mo steel bars used for hydraulic of pneumatic valve spools and to realize the real-time evaluation of weld quality by acoustic emission method. SNCM220, SCM435, SCAM645, and SCM415 steel bars were tested to find optimum conditions of friction welding. Auantitative equations which exhibit the relations of tensile strength, elongation, reduction of area and energy absorption with friction heating time were obtained by the experiment. Acoustic emission was also performed in the friction weldig process, and the real-time evaluation was enabled to find the optimum range of weld strength. Finally, the strength and toughness of welded joints were interpreted by the sem analysis of tensile fracture surfaces.