Cylindrical Fe-6.5wt.% Si bars with 7.5 mm in diameter were successfully fabricated from as cast ingot through three rolling stages within 10 passes: rough rolling at 850–900 °C and 8–10 m/min, medium rolling at 800–850 °C and 10–15 m/min, and finish rolling at 800–850 °C and 12–18 m/min. The evolution of microstructure, texture and ordered structure, and the mechanical property are investigated. The results showed that the grains were refined by the hot bar rolling. Area fractions of the {100}<011> oriented grains and the {011}<100> oriented grains decreased to 0 during the hot bar rolling. Whereas, the {100}<001> component, the {011}<211> component and the {112}<110> component increased, and γ fiber with {111}<110> component was dominant. DO3 ordered phase were suppressed, and B2 ordered domains were refined after the hot bar rolling. Ductility of the as rolled bar was higher than that of the rotary swaged bar, due to the absence of the DO3 ordered phase and the fine grains in the rolled bar. Hence, the hot bar rolling technology is an excellent process to fabricate the Fe-6.5wt.% Si bars.