In order to enhance the mechanical properties of magnesium alloy (AZ31) sheet, an integrated sheet-making process including billet casting, extrusion and rolling was attempted. Microstructural analysis was carried out and the mechanical properties at each processing step were also investigated by tensile tests. By an extrusion process of ingot-processed billet, average grain size of billet was reduced from 91.2 to 28.2 mum, and a further reduction in grain size to 16.9 mum was obtained by subsequent rolling of extruded 5 mm thin slab. In the final step, a rolled sheet of 1 mm showed a remarkable refinement in grain size down to 8.8 mum. Regarding mechanical properties, tensile strength and elongation for as-cast billet, as-extruded thin slab and as-rolled sheet increased from 189, 258 to 234 MPa, and from 13, 16.5 to 23%, respectively.