This invention discloses a binding material for producing industrial waterproof briquette capable of being pressurization-gasified without drying process. The binding material is powdery, and is formed by: pulverizing Sorel cement 50%, bentonite 15%, steel slag 20%, and graphite tailing 10%, and trisodium phosphate 5%, and mixing. The briquette produced from the binding material has such advantages as high cold strength, good waterproof property, convenient transportation, low cost, simple process, convenient maintenance, high thermal stability, high gasification rate, and good sulfur-fixation effect. The binding material can solve the problems of low waterproof capacity, low gasification rate, low combustion efficiency, low thermal strength and no air permeability faced by conventional briquette.