The present invention relates to a method of operating an electric arc furnace containing (a) a furnace shell having a tapping hole and/or a slag door, (b) a furnace roof having a plurality of electrodes provided so as to face downwards, and (c) a rotating apparatus that rotates the furnace shell around a vertical axis relative to the electrodes, the method contains a rotating step of rotating the furnace shell relative to the electrodes during melting of a metal material, and a holding step of stopping the rotation when any one of the plurality of electrodes reaches a holding position that is previously set close to the tapping hole or the slag door, and holding the furnace shell at the holding position.