Abstract: The apparatus is intended for processing partly solidified slags transported in ladles out of smelting shop and also for processing slags directly besides blast furnaces and steel-making units (e.g. converters).The apparatus comprises a settling bin provided at its inlet with a water-jet granulator. The settling bin incorporates an elevator with perforated buckets for discharging granulated slag. Elevator pulley shafts are located above the level of water in the bin, the head pulley (the furthest from the granulating compartment) is placed higher than the tail pulley (the nearest to the granulating compartment). A drier is provided at the place of discharge of granulated slag from the settling bin.The settling bin is of a sealed design and is divided by a partition into two compartments, one of which is intended for granulating molten slag, and the other, for discharging granulated slag from the bin by the elevator. A constant level of water in the bin is ensured by an overflow partition.