A micro-electrolysis material (MEM) was successfully prepared from carbothermal reduction of blast furnace dust (BFD) and coke as raw materials in a nitrogen atmosphere. The MEM prepared from BFD had strong ability in removing methyl orange, methylene blue, and rose bengal (the removal rates of methyl orange and methylene blue were close to 100%). X-ray diffraction showed that the iron mineral in BFD was ferric oxide, which was converted to zero-valent iron after being reduced by calcination. Scanning electron microscopy showed that nano-scale zero-valent iron particles were formed in the MEM. In short, the MEM prepared from BFD can effectively degrade organic pollutants.