Rare earth silicon iron alloy as a modifier in steel is very effective. China is one of the earliest countries to develop, produce, and apply rare earth silicon iron alloy. However, the single electric silicon thermal method is still used to this day. This method has high total energy consumption; in the smelting process, in order to create good reduction conditions, a large amount of lime is needed for slag making and adjusting the basicity of the furnace slag. The amount of smelting slag is relatively large, resulting in low rare earth recovery rate; the content of Ca and Al in the product is high. In foreign countries, rare earth iron alloy and alkaline earth iron alloy are basically smelted using the carbon thermal reduction method. This method can greatly reduce the cost of the product by using cheap ore materials and directly producing alloys in large-capacity ore thermal furnaces. However, usually due to the formation of slag or carbide furnace nodules in the furnace chamber, it encounters considerable difficulties, leading to alloy quality and overall