In this study, ZK60 magnesium alloy strips were produced by twin roll casting (TRC) and then subjected to warm rolling at the temperature of 300 °C and 350 °C. Rolled sheets related to different rolling reductions were prepared after sequential warm rolling with the rolling speed of 5 m/min. Microstructures, texture, hardness, tensile properties of the rolled sheets with different rolling reductions were studied experimentally. It has been found that grain refinement occurs actively during the warm rolling. Also, high density of shear bands were observed in the rolled sheets. The warm rolling sheet presents strong (0002) basal texture. In addition, the increase of the rolling reduction results in the improvement of the mechanical properties.