The invention relates to an enhanced phosphating steel wire production line for a high-speed elevator rope and a production method thereof. The production line comprises a linear wire unwinding frame(1), a first straightening assembly (2), a second straightening assembly (3), a derusting device (4), a drying device (5), a drawing device (6), a wire set (7), a third straightening assembly (8), anoiling device (9), a steel wire conveying wheel (10) and a winding device (11). The production method comprises the following steps of unwinding, straightening, derusting, drying, multi-stage drawing,straightening, oiling and winding. The production line and the production method can solve the problems of low safety coefficient, low production efficiency, poor product quality and the like of a traditional steel wire production line.