Prepared carbon bearing pellets from the carbon powder and iron concentrate of agricultural residuals and researched their pelletizing properties. The result shows that the strength of the carbon bearing pellets is related to the size of pelletizing materials, moisture content, bentonite content and the temperature of roasting and reduction, etc. The small size of raw materials and the increasing bentonite content can improve the pellet strength. The suitable carbon oxygen ratio is 1.0, and the proper proportions of moisture and binder are 8.0% and 6.5%, respectively. The pellet strength increases with the rise of the reduction temperature. When the temperature reached 1 200 ℃, the drop strength of pellet is 15 times/ind and the compressive strength is 1 650 N/ind with the fast reduction of iron and the formation of crystal stock. It meets with the requirements of blast furnace.