The invention relates to an utilization method of steel
slag, which includes the following steps: slagging materials are added into an LF
ladle refining furnace for slagging and refining and 20kg to 50kg / t of the slagging materials are added into each
ton of
molten steel; then in the moulding process, the slags of the
ladle furnace and remanent
molten steel after moulding are returned to an electric furnace for
smelting; the slagging materials are added into the electric furnace and 50kg to 70kg / t of the slagging materials are added into one
ton of the
molten steel; in the
smelting process of the electric furnace, the adding amount of the slagging material
lime and the power supply volume of the electric furnace are decreased; as for steel grades which need to be deaerated, after the LF
ladle refining furnace is refined and slags are made after the slagging materials are added, the molten steel is sent to a VD vacuum degassing furnace for deaeration; then moulding is carried out; and the slags of the
ladle furnace and remanent molten steel after moulding are returned to the electric furnace for
smelting. The utilization method of the steel
slag is lower in cost and can avoid
sulfur enrichment in the ladle refining process.