This study is for development of high thermal conductive concrete and its mechanical and thermal properties are evaluated. Magnetite aggregates with volume ratio of 42.9%(max.) and steel powder of 1.5% are replaced with normal aggregate and their are evaluated. Several models for thermal conduction like ACI, DEMM, and MEM are compared with the test results and they are verified to reasonably predict the thermal conductivity with increasing addition of magnetite aggregates and steel powder.