The invention discloses a pellet roasting system based on a sintering machine. The system comprises the sintering machine, a circular cooler, a circulating air flow unit and a flue gas treatment unit. A discharge port of the sintering machine is connected with a feed port of the circular cooler. The circulating air flow unit is arranged among the sintering machine, the circular cooler and the flue gas treatment unit. A smoke hood is arranged above the sintering machine, and an air bellow is arranged below the sintering machine. According to the trend of materials, the smoke hood located above the sintering machine is sequentially divided into a preheating section, a combustion section and a roasting section. The sintering machine is adopted for pellet roasting, meanwhile, an air flow system is improved, the flue gas circulation heat utilization rate is increased, energy consumption is reduced, meanwhile, the roasting effect is improved, meanwhile, the good cooling effect can be achieved, generation of nitric oxide is reduced through gradient heat compensation, the desulfurization and denitrification cost is reduced, and the environment is protected.