Abstract: The principle and characteristic of waste heat recovery with heat pipes were analyzed in combination with the present condition of utilizing electric arc furnace(EAF) flue gas at home and abroad.The structure character,technical processes,and key parameters of this system were studied comprehensively.How to make high quality steam to meet the demand of VD(RH) furnaces was also discussed.A practical application of waste heat recovery in 50t EAF in Laiwu Steel shows a good prospect of the technology.