A new continuous steelmaking process has been designed in an effort to reduce meltshop costs and increase productivity beyond the possibilities of current EAF-LMF-CC meltshops. This paper discusses possible operational performance based on industrially-verified kinetic, thermodynamic, and heat-transfer models. Dynamic simulations predict variations in steel chemistry and temperature, resulting from steel treatment and upsets. Savings in costs are projected because of increased metallic yield, lower energy requirements, more efficient use of deoxidants and alloys, fewer man-hours per ton, and decreased capital investment.