The invention discloses sheet steel with the tensile strength of 1500 MPa levels and used for hot stamping forming and a cast steel plate (CSP) production method thereof. The sheet steel comprises, by weight, 0.20-0.25% of C, 0.25-0.40% of Si, 1.00-1.30% of Mn, 0-0.025% of P, 0-0.01% of S, 0.015-0.035% of Als, 0-0.005% of N, 0-0.005% of B, 0.020-0.060% of Nb, 0.010-0.040% of Ti, and the balance Fe and inevitable microelements. According to the sheet steel with the tensile strength of 1500 MPa levels and used for hot stamping forming and the cast steel plate (CSP) production method thereof, the process steps comprises molten steel smelting, vertical bending type CSP sheet blank continuous casting, descaling, roller bottom type tunnel furnace soaking, thermal mechanical control processing (TMCP) six machine frame hot continuous rolling, laminar cooling, reeling, unreeling pickling, flattening and reeling; sheet material cold rolling and annealing heat treatment are omitted, and a traditional cold-rolled sheet product is replaced by a hot rolled sheet product; the comprehensive production cost is reduced, and the cost of the steel per ton can be reduced by over 600 yuan.