In recent times the potential application of the high speed steel produced by HIP process for wear resistant and cutting materials are increasing. In this work the microstructure of Anval 30 produced by HIP process was investigated and the effect of WC, TiC addition on microstructure formation and wear properties were studied. After HIP process at 1150 $^{circ}C$, the original feature of spherical raw powders was not removed and consequently, nonuniform microstructure was formed. However the WC added by simple powder mixture incereased the sinterbility of high speed steel and uniform microstructure formed. The wear characteristics of Anval 30 with carbide addition were tested at RT and $600^{circ}C$. The uniform microstructure played an more important role in wear resistance as compared with the hardness.