This study was carried out for treatment and reuse of inorganic sludge from Fenton process at B dyeing wastewater treatment plant. The parameters for pilot-scale treatment system were derived from the results of this study. It was found that $COD_{cl}$ of the treated effluent became lower than 100 mg/l approximately on the optimal reaction condition. 2nd sludge which was generated after redissolving sludge was analyzed, and it showed that reduction ratio of ash in 2nd sludge and total dry sludge weight in comparison with current sludge were 85% and 65%. Also Fe salt in sludge was redissolved about 90~95% of initial Fe by weight. It was estimated almost ￦350,000,000 for sludge reuse process. It was estimated saving of about ￦1,300,000 per day (￦420,000,000 per year) in operating cost based on 30,000 $m^3$/d treatment, which these were about ￦430,000 per day in chemical, ￦1,100,000 per day in sludge transportation and ￦200,000 per day in equipment maintenance. Payback period with interest charge for investment cost was estimated about 10.5 months. Also, net present value (NPV) was ￦792,000,000 and internal rat of return (IRR) was about 110%.