The invention provides a production method for recycling a waste radial TC bearing. The method comprises the steps that 1, hard-alloy wear-resisting blocks and a bonding material which are located on the inner surface of an outer sleeve steel body of the waste radial TC bearing are removed to obtain the outer sleeve steel body, and hard-alloy wear-resisting blocks and a bonding material which are located on the outer surface of an inner sleeve steel body of the waste radial TC bearing are removed to obtain the inner sleeve steel body; 2, wear-resisting parts are fixed on the inner surface of the outer sleeve steel body obtained in the step 1 to make a finished outer sleeve steel body, and wear-resisting parts are fixed on the outer surface of the inner sleeve steel body obtained in the step 1 to make a finished inner sleeve steel body; 3, the finished outer sleeve steel body and finished inner sleeve steel body which are obtained in the step 2 are combined to form a set of radial TC bearings. According to the production method for recycling the waste radial TC bearing, by recycling the waste radial TC bearing and processing the waste radial TC bearing again to obtain the new waste radial TC bearings, recycling of the waste radial TC bearing is achieved, steel material waste is avoided, and energy sources are saved; in addition, the processed radial TC bearings are high in wear resistance and long in service life.