The invention provides a treating and recycling device for wastewater from iron and steel enterprises and a technique. The treating and recycling device comprises a grille, a regulating tank, a flocculation and water distribution structure, a high-density sedimentation tank, a sludge storage tank, a V-shaped filter, a Fenton oxidation reaction tank, a reactive precipitation tank, a multi-media filter device, a CMF (continuous membrane filtration) device, an activated carbon filter device, a reverse osmosis device and a reverse osmosis product water tank. The defects of refractory organic matter, high treatment cost, high difficulty, low efficiency and the like of the traditional treatment process are overcome with efforts, recycling of the wastewater from the iron and steel enterprises is realized, the wastewater treatment ratio reaches 100%, the recycling ratio of the treated wastewater reaches 100%, the reusing ratio of produced water reaches 98.1%, urban recycled water is taken as the unique water source for production water replenishing, scramble for groundwater resources against citizens is avoided, and unique circular economy advantages are realized. Based on long-term analysis, not only can wastewater treatment cost be reduced, but also high efficiency and economic performance of wastewater treatment are realized with adoption of the technique.