The ash deposition is a general problem that needs to be solved effectively for the rotary air preheater of the coal-fired boiler. Taking the rotary air preheater of a 600 MW power station as the object, the mesh model of the flue gas side of the air preheater, considering the influences of steam soot blowing, is established using the Gambit 2.4.6 software. Based on the SIMPLE algorithm, the velocity field and the temperature field in the air preheater under varied working conditions are simulated using the software of Ansys Fluent 2021R1, and the influences of the boiler load, the operation parameters of the steam soot blower, and the running and outage of the soot blower on the flue gas velocity distribution in the depth direction of the corrugated plates, the soot-blowing coverage area, the inlet flue gas velocity, and the inlet flue gas temperature of the corrugated plates are analyzed. Under the base working condition, the flue gas velocity on the axis of the steam nozzle first decreases rapidly with increasing the corrugated plate depth (Z < 1.0 m), and then it decreases slowly with an almost equal slope. The longitudinal flue gas velocity has a positive correlation with the boiler load. The longitudinal flue gas velocity obviously decreases when the boiler load is decreased, and its reduction increases as the corrugated plate depth increases. It is one reason that the ash deposition is prone to occur on the cold end surface of corrugated plates under the condition of low boiler load. The longitudinal flue gas velocity increases with the soot-blowing steam velocity increasing when the corrugated plate depth is less than 1.5 m, but after that, it is almost not affected by the change in soot-blowing steam velocity. The soot-blowing coverage area has a negative correlation with the boiler load but a slight positive correlation with the steam velocity of the soot blower on the whole. The inlet flue gas velocity of the corrugated plates has a positive correlation with the boiler load and the inlet steam velocity of the soot blower. The average inlet flue gas velocity decreases by 21.7% when the boiler load is reduced by 50%. For every 5 m/s variation in the inlet steam velocity, the inlet flue gas velocity changes by about 10–14% whether the steam soot blower is put into operation or not, which has an obvious effect on the inlet gas velocity of the corrugated plates. The inlet flue gas temperature of the corrugated plates is, respectively, positively correlated with the boiler load and the inlet steam temperature of the soot blower. When the boiler load is reduced from 100% BMCR to 50% BMCR, the average inlet flue gas temperature of the corrugated plates is reduced by 44.2 K; however, when the soot-blowing steam temperature varies by 20 K, the average inlet flue gas temperature of the corrugated plates varies by only about 1.8 K. It means that it is difficult to enhance the cold end flue gas temperature of the corrugated plates only by raising the soot-blowing steam temperature at low boiler load. Adding a soot blower using high-temperature steam or hot air at the outlet of the corrugated plates may be an option to solve the ash deposition of the corrugated plates.