This invention relates to a final deoxidizer for steelmaking, which is low-C, low-Si, low-P and low-S Al-Mn-Mg-Ca-F alloy. The alloy can be used as the final deoxidizer for steelmaking with good effect, and does not need further refinery of steel. The alloy comprises: C less than or equal to 0.2 wt.%, Si less than or equal to 1.0 wt.%, P less than or equal to 0.02 wt.%, S less than or equal to 0.02 wt.%, Al 40-50 wt.%, Mn 1.0-10 wt.%, Mg 0.1-10 wt.%, Ca 0.1-10 wt.%, and Fe as balance. This invention adopts main frequency induction furnace smelting to produce the final deoxidizer. The final deoxidizer has such advantages as high specific gravity, low melting point, no pulverization, good deoxidation and desulphurization effects, high yield, high fluidity of deoxidized molten steel, no nodulation, easy suspension of deoxidized product, low inclusion total content, high molten steel purity, good steel quality, fine grains, good mechanical properties, and long service life.