The invention discloses a wheel steel smelting process which comprises the following steps: smelting blast furnace molten iron with sulfur content being less than or equal to 10ppm after desulphurization processing in a converter, controlling the temperature of the smelting process in the converter to be greater than or equal to 1660 DEG C, carrying out bottom argon blowing on the molten steel during the whole course at the argon flow of 300-400m<3>/h, carrying out composite deoxidization by the use of Si-Mn alloy, tapping when the alloy content in the molten steel reaches the standard, sending the molten steel to an argon blowing station for argon blowing treatment, leaving the argon blowing station when the temperature of the molten steel is 1550-1565 DEG C, sending the molten steel to LF for refining, and adding Mn-Si-Al-Nb-Ti alloy into the molten steel, wherein the refining time of the molten steel is 70-80 min, binary basicity in slag is greater than or equal to 1.0, argon flow of a stopper rod and that of a long nozzle are respectively greater than or equal to 6L/min and 2L/min, and superheat temperature of the molten steel is 15-30 DEG C. By the adoption of the smelting process, production cost of wheel steel is reduced by 30-50%, and flexural fatigue times of a spoke and radial fatigue times of a wheel rim reach more than 10-1 million times. The wheel steel smelting process can be used to manufacture tube-type or tubeless wheels.