Nowadays, a great deal of attention is devoted to the development of best-estimate models able to produce more realistic outcomes. This is also the case for system codes, such as MELCOR, that are being mostly used in a conservative way especially when dealing with the licensing process. The above-mentioned need for more realistic results is at the core of this two-paper series related to the creation of a more accurate MELCOR model for the HI-STORM 100S dry cask. The findings obtained from the sensitivity studies carried out in the Part I are leveraged to set up an improved MELCOR model, the characteristics of which are consistent with the typical features of Spent Nuclear Fuel (SNF), and with geometrical and material properties of the cask itself. The addition of an axial power profile in the Fuel Assembly (FA), the better characterization of the flow losses in the air gap between internal metallic canister and external concrete-based overpack, and the choice of an appropriate value for the concrete thermal conductivity, are taken into account conjointly in this Part II. The outcomes from the improved MELCOR simulation are reported mainly in terms of the Peak Cladding Temperature (PCT), being the variable under regulatory surveillance. However, in addition to PCT, calculated temperature profiles are displayed and compared against the ones resulting from the previous model.