Laser-induced breakdown spectroscopy (LIBS) is an ideal real-time on-line method of detecting minor elements in alloys. However, in the case of laser-produced high-density plasma, the self-absorption is usually an undesired effect because it not only reduces the true line intensity, leading the line intensity to become nonlinear with the increase of emitting species content, but also affects the characterization parameters of the plasma, and finally affects the accuracy of quantitative analysis. Since the plasma electron temperature $(T)$ , radiation particle number density and absorption path length ( Nl) determine the degree of self-absorption and affect the corrected spectral line intensity, a new self-absorption correction method is proposed based on temperature iteration. The initial Tis obtained by using this method through spectral line intensity, and the self-absorption coefficient SA is calculated based on the initial Nlparameter to correct the spectral line intensity. Then a new Tis obtained from the new spectral line intensity and the new SA is calculated to further correct the spectral line intensity. Through continuous calculation and correction of these two parameters, self-absorption correction is finally achieved. The experimental results of alloy steel samples show that the linearity of Boltzmann plot is increased from 0.867 without self-absorption correction to 0.974 with self-absorption correction, and the linear correlation coefficient R ²of the single variable calibration curve for Mn element increases from 0.971 to 0.997. The relative error of elemental content measurement is improved from 4.32% without self-absorption correction to 1.23% with self-absorption correction. Compared with the commonly applied self-absorption correction methods, this method has obvious advantages of simpler programming, higher computation efficiency, and its independence of the availability or accuracy of Stark broadening coefficients. Moreover, this method can directly obtain the radiation particle number density and absorption path length, which is beneficial to the diagnosis and quantitative analysis of plasma.