This study introduced wastewater treatment method by High Gradient Magnetic Separation (HGMS). HGMS treatment was high efficient method for various industrial wastewaters. The system is currently research state, but we have surveyed commercialize the technology for industry. In rolling plate process, coolant wastewater was recycled by sedimentation and sand filter system. It needs several large reservoirs and long time to remove suspended solid (SS) like metal fines and iron oxide in hot rolling plate making process. If removing rate of suspended solid in rolling coolant wastewater is improved by using HGMS system, the productivity of working process can be increased and the area of reservoir can be reduced. We manufactured high temperature superconducting HGMS system that had a purpose to treatment of coolant wastewater in rolling plate process. We fabricated the prototypes of magnetic matrix filter consisting of stainless steel 430 mesh, which is a core component in the magnetic separation system, In our basic preliminary experiment using HGMS system, it has been clear that the fine paramagnetic particles in the coolant wastewater obtained from rolling plate process of POSCO can be separated with high efficiency.