The invention discloses a novel steel-aluminum composite contact rail expansion joint, comprising a sliding rail structure which are formed by sequentially connecting rail webs of a left sliding rail,a middle sliding rail and a right sliding rail through a fishtail clamping plate, wherein the fishtail clamping plate is slidably connected with the rail web of the left sliding rail and the rail webof the right sliding rail, and is fixedly connected with the rail web of the middle sliding rail; and main soft copper bands are arranged on rail bottoms of the left sliding rail, the right sliding rail and the middle sliding rail. Furthermore, due to the adoption of copper-aluminum transition plates, the main soft copper bands, pressing plates, auxiliary soft copper bands, partition plates, limiting sleeves, connecting transition blocks and so on, the defect of the expansion joint in the curve performance of the line is solved, and the condition that the mechanical connection, electrical performance and compensation ability can meet the requirements can be ensured. The needs of lateral current receiving can be met and the requirement on boundary can be reduced; and a current collecting shoe of the train can smoothly scratch across the current receiving surface of the expansion joint to ensure the current continuing smoothness of the contact rail.