A new technique for the removal of tramp-elements from steel scrap has been required from the viewpoint of saving energy and protection of environment. In order to obtain fundamental information on the removal of copper, tin and zinc from molten iron, the extraction method by using of phase separation in the liquid Fe-Pb-C system was investigated at 1453K. A mixture of iron, lead and carbon melted in a carbon crucible separates into two phases of lead and iron containing carbon. The compositions on the miscibility gap in the Fe-Pb-C system are 95.4%Fe-4.5%C-0.1%Pb and 99.9%Pb-0.1%Fe. The distribution ratios of copper, tin and zinc between the lead and the iron phases, LX=[mass%X in molten Pb]/(mass%X in molten Fe), are 2.2, 2.2 and 1.4, respectively. Seventy percent of copper and tin from iron scrap can be eliminated with comparable lead addition. Gold, silver and palladium are enriched in the lead rich phase, on the contrary platinum and rhodium are more distributed to the iron rich phase than to the lead phase.