The invention provides a novel fatigue-resistant steel rope production line and a production technology thereof. The production line comprises a drawing device, a twisting device, a closing device, a shaping mechanism, a traction device and a winding device in sequence. The fold opening portions of pressing line dies of the twisting device and the closing device are both provided with fatigue-resistant oil dropwise adding devices. The novel fatigue-resistant steel rope production line is smart in structure and reasonable and innovative in working procedure matching; dropwisely fatigue-resistant oil is reasonably added to the steel rope by the arrangement of fatigue-resistant dropwise adding devices at fold opening portions of pressing line dies of twisting strands and closing ropes, and thus fatigue-resistant degree of the steel rope is drastically increased; coarse shaping makes the steel rope achieve coarse adjustment in the horizontal direction; precise shaping makes the steel rope adjusted from all directions by precise adjustment and rotation, internal stress and physical properties are greatly adjusted and improved, application occasions of the steel rope are greatly expanded, service life is prolonged, and a burr detection device also sharply improves quality and grade of a product, therefore, the novel fatigue-resistant steel rope production line has good economic benefits and strong practicability.