Dry reduction using natural gas was proposed to recover tin from waste tin oxide generated in a tin bath that was used for controlling the smoothness of architectural glass during production, and the reduction behavior was investigated. The utilized vertical natural gas dry reduction system is capable to process 4 L or 20 kg depending on input raw materials. The system was established by applying the upper intake and lower discharge method. The recovery rate was 97.2% at 800 °C and 4 sccm flow rate and increased with the amount of input gas. Hydrogen accounted for 23% of the discharge gas, showing a 16.6% hydrogen conversion rate. The reaction behavior of tin recovered via natural gas reduction provides basic data on the new waste resource reduction/recovery technology.