The roll-casting technology of 5000 series aluminum alloy is one of the difficulties at present. Roll-casting technology was employed in this paper and high quality 5005 aluminum alloy sheets were fabricated successfully under different conditions. The solidification of melt in roll-casting process is the rapid directional solidification. The effect of magnetostatic field on microstructure of 5005 aluminum alloy sheet by roll-casting has been investigated and analyzed. The results indicate that imposing magnetostatic field can refine the grains of 5005 aluminum alloy.