Recently, there have been many studies seeking towards the utilization of cementitious powder from concrete waste as recycled cement. However, most of the studies actually have been researches about the reuse of mortar or paste, not concrete waste. In fact, either mortar or paste is quite different from a real concrete waste in terms of age and mixture. Thus the purpose of this study is to examine basic physical properties of recycled cement, manufactured with cementitious powder from concrete waste, and analyze differences in chemical and hydraulic properties of the cement and its tested model. As a result of the chemical analysis, recycle cement is composed mainly of CaO and $SiO_2$, and that it is even lower in the content of CaO than Portland cement, which is also supported by previous studies. But, Differently from previous studies, calcining temperature of 650 was found an optimal condition under which cementitious powder from concrete waste could restore its hydraulic properties.