Compared with the traditional non-ferrous materials, non-ferrous metal matrix composites have better oxidation resistance, high heat resistance, high specific strength, high specific modulus, wear resistance and high service life. Among the various reinforcements of non-ferrous metal matrix composites, the compatibility of the interface between non-metallic fiber (C/C, SiC) and metal matrix is the key to restrict the performance of metal matrix composites, and the good compatibility between metal fiber and metal matrix can effectively improve the performance of metal matrix composites. The preparation technology of metal fiber reinforced non-ferrous metal matrix composites mainly includes diffusion bonding method, liquid infiltration method, pressure casting method, coating hot pressing method and double roll rolling method. In this paper, the preparation methods, microstructure, interface characteristics and mechanical properties of steel fiber reinforced non-ferrous metal matrix composites (Al, Mg, Cu, Zn and Zr) were summarized. Some future researches and developments of steel fiber reinforced non-ferrous metal matrix composites were highlighted.