Hello Honortao, i think the answer to your question has a technical nature.
Combustion of a fuel will always yield the same CO2, if the combustion is complete, and you ignore the surrounding system. So if you know that the blast furnace has a 100% complete combustion rate, then yes, you can use the carbon emission factor.
When you take the surrounding system into consideration, in a life cycle perspective, you can not just use the carbon emission factor. The machinery, ingnition energy, auxilliary materials, etc. also need to be considered and they can vary a lot based on technology.
Short answer: You can use the carbon emission factor if this process is of low importance to the whole system, or if it is impossible to find better quality data. If it is important, and it is possible to find secondary data, i would use this data. Normally i would recommend using the given process as a proxy, but if you specifically are assessing one technology against another, then of course it doesnt make sense.
I hope this helps.