The invention discloses ultra-low carbon steel. The ultra-low carbon steel comprises, by mass, 0.001-0.01% of C, 0-0.03% of Si, 0-0.005% of N, 0.02-0.05% of Al, 0.02-0.05% of Ti and the balance Fe and unavoidable impurities. The invention further discloses a method for ultra-low carbon steel production. A plate blank obtained through smelting and with chemical components shown as the specification is heated and then subjected to semi-continuous type rough rolling and finish rolling to obtain a hot rolled plate; during finish rolling, the speed difference of the finish rolling outlet full-length rolling head and tail is controlled to be less than or equal to 1.5 m/s, the accelerated speed of a finish rolling end rack is controlled to be less than or equal to 0.02 m/s<2>, and it is guaranteed that the speed of band steel rolling is uniform; and after the hot rolled plate is subjected to laminar flow cooling and then reeled up, a finished product is obtained. According to the ultra-low carbon steel and the production method thereof, the technical problem that in the prior art, the properties of ultra-low carbon steel are not uniform is solved, and uniformity and stability of product performance are improved.