High-grade steel can be obtained in large-capacity furnaces if the smelting technology used takes account of the size of the aggregates, the course of the metal fusion process, interaction with slag, furnace atmosphere, reducing agents, and other process characteristics. 12Kh1MF boiler steel smelted in a 100-ton electric arc furnace by an oxidizing process with oxygen bath blow and cast by the siphon method into 6.5-ton ingots using a slag-forming mixture (240 mm diameter billets and 219 to 245 mm diameter tubes) is satisfactory with regard to macro and microstructure, oxygen and nonmetallic oxide inclusion content, and mechanical properties. The stress rupture strength of 10/sup 5/ h at 570/sup 0/C is similar to that of open-hearth steel. Sulfides larger than a 3.5 spheroid have been detected in it. The nitrogen content of the electric steel is 0.0090 to 0.0120%, which is somewhat greater than usual in open-hearth metal. Of the oxygen inclusions in the steel, spinel-alumina predominates. Large inclusions were represented mainly by brittle silicates which appeared to be of exogenous origin.