In the present work, we utilized Shear Assisted Processing and Extrusion (ShAPE), a solid-phase processing technique, to extrude hollow tubes of ZK60 Mg alloy. Hot rolling was performed on these as-extruded tubes (after slitting them longitudinally) to thickness reductions of 37%, 68%, and 93% to investigate their viability as rolling feedstock material. EBSD analysis showed the formation of twinned grains in the ShAPE processed material and a gradual re-orientation of the basal texture parallel to the extrusion direction with each rolling step. Moreover, an equiaxed grain size of 5.15 ± 3.39 μm was obtained in the ShAPE extruded material, and the microstructure was retained even after 93% rolling reduction. The rolled sheets also showed excellent tensile strengths and no mechanical anisotropy, a critical characteristic for formability. The unique microstructures developed and their excellent mechanical properties, combined with the ease of scalability of the process, make ShAPE a promising alternative to existing methods for producing rolling feedstock material.