The invention discloses a composite continuous casting tundish flow stabilizing device and a using method thereof. The composite continuous casting tundish flow stabilizing device comprises a tundish and a steel ladle, wherein a discharge sleeve is fixedly connected to the interior of the steel ladle; a first through groove is formed in the discharge sleeve; sliding rails are symmetrically and fixedly connected to the bottom of the steel ladle; and a discharge pipe is connected to the interiors of the sliding rails in a sliding manner. The flow stabilizing device has the beneficial effects that: through the arrangement of a flow stabilizing base, a protruding block and a flow stabilizing groove, the impact force and the flow speed of molten steel are reduced, the effects of buffering and flow stabilizing of the molten steel flowing out of the steel ladle are achieved, and the flowing state of the molten steel is improved; through the arrangement of the discharge pipe and a first lead screw, the flow of the molten steel flowing out of the steel ladle is adjustable, and the flow can be blocked; through the arrangement of flow stabilizing columns, second lead screws and second threaded blocks, the flow of divided molten steel is adjustable; through the arrangement of first flow stabilizing plates and second flow stabilizing plates, the flowing rate of the molten steel is reduced, and the flow stabilizing effect is improved; and through the arrangement of a gas storage tank and a gas distributing pipe, an inert gas is filled, floating of impurities is facilitated, and the flowing condition of water flow is improved.