This paper proposes a low-latency method, based on FPGA, for edge extraction of hot-rolled strip. The method uses a global shutter camera module to capture strip images and detects the strip edge position by analyzing the intensity profile and the gradient of image gray values. The method has the advantages of low latency, strong robustness, and accurate results. The feasibility and effectiveness of the method are verified by FPGA simulation experiments, and a foundation is laid for the subsequent strip deviation automatic control algorithm.