The invention discloses a turnover device for iron label steel cooling equipment and a using method of the turnover device, and relates to the technical field of iron label steel turnover equipment.The turnover device comprises a base, two second supporting columns are fixedly connected to the top of the base, a reciprocating mechanism is installed at the tops of the two second supporting columns, and the reciprocating mechanism comprises a fixing frame and a connecting plate; the device has the beneficial effects that the reciprocating mechanism is arranged, iron standard steel can be conveniently overturned and conveyed in the needed direction by installing the first conveying box and the second conveying box, the overturning and resetting assembly is arranged, the vibration influence caused by resetting is reduced to the maximum extent, the buffering assembly is arranged, the buffering effect is improved, and the service life of the iron standard steel is prolonged. The device is simple in structure, the service life of the device is prolonged, the cost is reduced, the overturning plate, the wear-resistant layer, the elastic layer, the buffer layer, the bottom layer and the illuminating lamp are arranged, the stability, buffer, wear-resistant and protection effects are improved when iron standard steel is put into the top of the overturning plate, and the illuminating lamp is installed to be matched with normal operation at night.