Several electric arc furnace (EM) shops have increased the zinc and lead grades of EAF dust by reinjecting it into their furnaces; however, the kinetics of this operation are poorly understood. To understand the kinetics, EAF dust was injected into 70 kg heats of iron or steel in an induction furnace. Supplemental additions of carbon and oxygen to overcome the heat load on the system were also investigated. In all cases, the dust was chemically transformed, and the zinc content increased from 16% Zn to 60 - 80% Zn. About 50% of the zinc in the EAF dust dissolved in the iron or steel. The zinc oxide in the dust is thought to be reduced by carbon and the zinc vapour subsequently dissolved in the iron. A kinetic model for the dissolution process is proposed, and the implications for EAF dust recycling are discussed.