The solution of set of equations for the bottom zone presented by a condition of a thermodynamic equilibrium, namely, an equilibrium constant of wustite reduction by carbon oxide, material and thermal the balances, supplemented by the equation of the heat balance for the top zone, allows to calculate the base indices of blast furnace smelting. The calculated indices are extreme accessible at the given parameters of charge and blast. Application of actual degrees of the use of gas instead of equilibrium allows the calculations of actual indices of the blast furnace smelting process.