A recycling method of scrap steel plate that can recycle scrap steel plates including scrap of high-tensile steel plate to produce good quality of cast iron efficiently, while avoiding unnecessary cost increase. In the recycling method, scrap of high-tensile steel plate and scrap of ordinary steel plate are collected together in a batch collecting process and, then, in a preparing process, the scrap steel plates collected are melted and if not less than 0.7 weight % manganese is contained in the hot metal, then the hot metal is prepared so that a sulfur content in the range of 0.02 to 0.2 weight % in the hot metal and rare earth element or misch metal which is two times as much as the sulfur content is added to the hot metal. To obtain spheroidal graphite cast iron, spheroidizing agent (which preferably comprises no rare-earth element but comprises bismuth) is added further to the hot metal after that.