A mixed powder is obtained by adding at least one kind of solid ester wax to an iron-based powder for powder metallurgy use. The mixed powder is molded. The melting point of the ester wax is 100° C. or lower, the quantity of the ester wax added is in the range of 0.02 wt % or more to 0.6 wt % or less, and the temperature of the mold when the molding is performed is set in a range of (the melting point of the ester wax+10° C.) or more to 200° C. or less. The ester wax thereby liquefies on the surface of the mold and bleeds out when the molding is performed. As a result, molded sintered parts with complex shapes, good surface characteristics, and high densities can be easily obtained.