The invention relates to road delayed-coagulation cement and a preparation method thereof. The road delayed-coagulation cement comprises special cement clinker, limestone waste, modified steel slag powder and phosphorus gypsum. According to the road delayed-coagulation cement, a cement raw material is prepared from carbon-containing shale, the phosphorus gypsum serves as mineralizing agents of clinker calcination, steel slag powder is prepared in a crushing, iron removing and grinding manner, the steel slag powder and the limestone waste serve as cement admixtures, and the phosphorus gypsum serves as a cement delayed coagulant. By the aid of the technical scheme, the prepared road delayed-coagulation cement has the advantages that coagulation time is suitable, early strength is high, laterstrength is rapidly increased, breaking strength is high, abrasion resistance is good, dry shrinkage performance is low and the like. Efficient resource utilization of solid waste such as the carbon-containing shale, the limestone waste, steel slag and the phosphorus gypsum is achieved, and the road delayed-coagulation cement has important economic benefits and social benefits.