Steel shots are suitable for abrasive waterjet rock cutting and recycling because of the high hardness and magnetic properties of steel. This study evaluated the rock-cutting performance and recycling characteristics of steel shot waterjet. The rock-cutting responses of steel shot and garnet were compared at the same waterjet conditions. The used steel shot was collected and the particle-size changes were evaluated before reuse, and its cutting performance was re-evaluated. Overall, the steel shot waterjet yielded improvements in performance in the range of 30-50% compared with the garnet waterjet. Moreover, the recycled steel shot yielded a 50% reduction in cutting performance. Rust was observed on the surface of the used steel shot, the used steel shots were partially destroyed, and the debris on the abrasive surface needed to be removed by drying. The reusable steel shot left on the 80th sieve converged to 60% in each recycling run. The results of this study can be used to reduce the cost of abrasive waterjet and industrial waste.