A new mold slag with low content SiO2 and high content Al2O3 is designed in order to avoid or alleviate the reaction between Al and SiO2 during the continuous casting of high-Al steel, the acidity of this slag is adjusted by adding B2O3, and the effect of B2O3 content on the fusion property, viscosity property and heat transfer characteristics through the mold slag film of the mold slag is analyzed. The results show that the fusion temperature, viscosity, viscous flow activation energy decrease and heat flux through the slag film increases with the increase of B2O3 content in the range of 4%~10%; temperature time transformation (TTT) diagrams move to longer incubation time with the increase of B2O3, while the crystallization speed of mold fluxes decreases; under this experiment condition, the precipitation of CaF2 crystals can be restrained by the increase of B2O3 content in the mold slag.