Porous metal materials are applied in various industries, among which powder rolling is the most widely used process for preparing porous metal materials. Then, metal porous materials prepared solely from powder as raw materials have the disadvantage of low mechanical properties, while wire mesh as reinforcement can effectively improve tensile strength. The preparation process of wire mesh powder composite is complex and requires the addition of adhesives. In this article, the mechanical properties of thin metal strips prepared by powder and wire mesh composite vertical rolling were much higher than those prepared by pure powder. Moreover, this thin strip had porous characteristics, and the preparation process was simple and easy to promote. This research could provide a reference for the powder metallurgy field, especially for the preparation of metal porous materials by vertical rolling.