Cermets are provided in which a substantially stoichiometric metal carbide ceramic phase along with a reprecipitated metal carbide phase, represented by the formula MxCy, is dispersed in a metal binder phase. In MxCy M is Cr, Fe, Ni, Co, Si, Ti, Zr, Hf, V, Nb, Ta, Mo or mixtures thereof, x and y are whole or fractional numerical values with x ranging from 1 to 30 and y from 1 to 6. These cermets are particularly useful in protecting surfaces from erosion and corrosion at high temperatures.