The invention relates to a coal direct liquefaction method. It includes the following steps: mixing coal slurry which is made up of coal dust, hydrogenation cycle solvent, and iron catalyst with freshness or cycle hydrogen; reacting by the first and second reactor; sending the product from the second reactor to high temperature separator to separate; the weight flow ratio of the recycle and freshness materials is 2-20. The method can reduce hydrogen consumption and gas yield.