The present status and challenges of blast furnace (BF) ironmaking technology are analyzed, and the developing targets of the contemporary BF ironmaking process are mentioned. The significance and function of high blast temperature and oxygen enriched-pulverized coal injection for BF are described. The key technologies of high blast temperature is discussed and evaluated emphatically. Promoting blast temperature and improving oxygen enrichment ratio, as well as enhancing pulverized coal injection rate which are important guarantee for saving fuel consumption, reducing operation cost, and realizing sustainable development. There are broad developing prospects of contemporary BF process under the condition of high blast temperature and low fuel ratio ironmaking technologies are applied.