Abstract: Investigated results of reduced iron powder made by using rolling scale from Panzhihua steel and iron Co.have been briefly discribed.The reduced iron powder contains trace of useful alloy elements vanadium,Titanium etc.and 98.93% of iron.It possesses good physical and processing properties With a green density of 7.17g/cm³(under 784MPa pressure).This research is of great significance for the comprehensive utilization of resources from panzhihua Co.and the development of superior quality iron powder.