Obsolescence
In the U.S., commercial steel production using this method stopped in 1968. It was replaced by processes such as the basic oxygen (Linz-Donawitz) process, which offered better control of final chemistry. The Bessemer process was so fast (10–20 minutes for a heat) that it allowed little time for chemical analysis or adjustment of the alloying elements in the steel. Bessemer converters did not remove phosphorus efficiently from the molten steel; as low-phosphorus ores became more expensive, conversion costs increased. The process permitted only limited amount of scrap steel to be charged, further increasing costs, especially when scrap was inexpensive. Use of electric arc furnace technology competed favourably with the Bessemer process resulting in its obsolescence.
Basic oxygen steelmaking is essentially an improved version of the Bessemer process (decarburization by blowing oxygen as gas into the heat rather than burning the excess carbon away by adding oxygen carrying substances into the heat). The advantages of pure oxygen blast over air blast was already known by Henry Bessemer, but the 19th century technology was not advanced enough to allow for the production of the large quantities of pure oxygen to make it economically feasible for use.
Read more about this topic: Bessemer Process