In order to achieve active health monitoring of seven-wire steel strands, single magnetostrictive transducer with two-layer coil is developed and applied for the excitation and reception of ultrasonic longitudinal guided waves simultaneously. The transducer can be conveniently fixed at any single one position on the helical surface of these structures. The inner and outer layers of its coil are used for excitation and reception respectively with the help of same axisymmetric permanent magnets. Experimental results show that chosen ultrasonic longitudinal guided wave mode, L(0,1) at 140kHz, can be excited and received with high signal-to-noise ratio in steel strands by using the developed magnetostrictive transducer. Furthermore, to identify the performance of the transducer, the detection of an artificial defect is also conducted.