The invention discloses a lost foam casting production low-carbon steel upper core disc and impact seat processing method. The method comprises the following steps: making foam polystyrene EPS into a foaming member, which has the same shape as a cast and is a little bigger than the cast; painting a plurality of fireproof coatings on the surface of the foaming member, placing the foaming member in non-adhesive moulding sands, carrying out casting on the foaming member, wherein during the casting process, the foam polystyrene EPS foaming member is burnt and gasified under the assistance of vacummizing and vibration during the casting process, and finally the molten liquid replaces the foaming member as the cast. The lost foam technology is used to manufacture upper core disc and impact seat, is capable of reducing the metal tissue defects and improving the compactness and anti-fatigue strength of metals, moreover has the advantages of high precision in size, reducing on cleanness, reduced processing time, compact tissue of products, suitability for massive production, and high automation, can greatly improve the operation environment, and has greater advantages and a vaster prospect, compared to the conventional manufacture technology of upper core disc and impact seat.