Vacuum induction melting as practiced in the specialty steel and alloy industry today is no longer a laboratory and consumer curiosity, but an established method of production. We think, however, that only the surface has been scratched in utilizing the potentialities of the process as well as coping with some of its inherent problems. As the industry profits and further exploits these potentialities, and the various problems are minimized or solved, one can only predict that the growth of the process will continue at a substantial rate with attending reduction in costs to the producer and ultimate reduction in premium prices to the consumer.