A thermodynamic model for calculating the phosphorus distribution ratio between top-bottom combined blown converter steelmaking slags and molten steel has been developed by coupling with a developed thermodynamic model for calculating mass action concentrations of structural units in the slags, i.e., CaO-SiO 2 -MgO-FeO-Fe 2 O 3 -MnO-Al 2 O 3 -P 2 O 5 slags, based on the ion and molecule coexistence theory (IMCT). Not only the total phosphorus distribution ratio but also the respective phosphorus distribution ratio among four basic oxides as components, i.e., CaO, MgO, FeO, and MnO, in the slags and molten steel can be predicted theoretically by the developed IMCT phosphorus distribution ratio prediction model after knowing the oxygen activity of molten steel at the slag-metal interface or the Fe t O activity in the slags and the related mass action concentrations of structural units or ion couples in the slags. The calculated mass action concentrations of structural units or ion couples in the slags equilibrated or reacted with molten steel show that the calculated equilibrium mole numbers or mass action concentrations of structural units or ion couples, rather than the mass percentage of components, can present the reaction ability of the components in the slags. The predicted total phosphorus distribution ratio by the developed IMCT model shows a reliable agreement with the measured phosphorus distribution ratio by using the calculated mass action concentrations of iron oxides as presentation of slag oxidation ability. Meanwhile, the developed thermodynamic model for calculating the phosphorus distribution ratio can determine quantitatively the respective dephosphorization contribution ratio of Fe t O, CaO + Fe t O, MgO + Fe t O, and MnO + Fe t O in the slags. A significant difference of dephosphorization ability among Fe t O, CaO + Fe t O, MgO + Fe t O, and MnO + Fe t O has been found as approximately 0.0 pct, 99.996 pct, 0.0 pct, and 0.0 pct during a combined blown converter steelmaking process, respectively. There is a great gradient of oxygen activity of molten steel at the slag-metal interface and in a metal bath when carbon content in a metal bath is larger than 0.036 pct. The phosphorus in molten steel beneath the slag-metal interface can be extracted effectively by the comprehensive effect of CaO and Fe t O in slags to form 3CaOAEP 2 O 5 and 4CaOAEP 2 O 5 until the carbon content is less than 0.036 pct during a top-bottom combined blown steelmaking process.