The invention discloses quake-proof construction steel with the yield strength of 160MPa and a production method thereof. The steel comprises the following chemical components in percentage by weight: 0.002 to 0.005 percent of C, less than or equal to 0.03 percent of Si, 0.10 to 0.50 percent of Mn, less than or equal to 0.010 percent of P, less than or equal to 0.005 percent of S, 0.002 to 0.007 percent of Mg, 0.020 to 0.070 percent of Ti, 0.010 to 0.030 percent of Nb, 0.001 to 0.003 percent of N, less than or equal to 0.050 percent of Al, and the balance of Fe and inevitable impurities. The production method thereof comprises the steps of desulfuration of molten iron, converter blowing, vacuum treatment, continuous casting, hot rolling, cooling and the like. When the yield strength of steel products exceeds 180Mpa, an annealing treatment step is added after the cooling step. Experiments prove that the quake-proof construction steel with the yield strength of 160MPa has the characteristics of low yield strength, high elongation and excellent impact toughness; and the production method of the steel has the advantages of simple process flow and low production cost.