Transforming Steel

Transformation of the steel industry | critical factors

Direct iron reduction with green hydrogen
Carbon capture and storage (CCS)
Additional gains will come from direct iron reduction with natural gas (with CCS on remaining emissions), and increased scrap use

Global burden of steel production

Industry-endorsed strategy

In 2022, we developed a Steel Sector Transition Strategy in collaboration with a diverse set of industry leaders. This provides a shared vision for a clean steel future, modelling of pathways, real economy milestones and the industry, policy and finance actions required to get there. Assumptions have not been updated since publication, but the STS still represents a quantitative reference point.

Sector Transition Strategy documents

Report | Making net-zero steel possible

Industry-backed 1.5°C aligned transition strategy download

Executive summary download 
Infographics summary download 
Pathways to net zero interactive modelling
Model code github

Global Project Tracker | latest in-depth data

Further reading | Steel

Newsletter

Signal | Issue 33 | June 2026

08 Jun 2026

accelerate decarbonisation│clean industry pipeline│Global Project Tracker│investment│value chain

A rare bit of positive news in a turbulent year: clean industry investment is accelerating. Data from our newly-published Global Project Tracker update shows that 19 commercial-scale clean industrial projects reached final investment decision in the past six months – more than double the pace of a year ago.

Bright Spots

European Energy | Kassø

08 Jun 2026

e-methanol│Europe│Industrial decarbonisation│value chain

Kassø, in southern Denmark, is now home to one of the world’s first operational e-methanol facilities, producing 42,000 tonnes per year from a 304 MW solar park, a 52 MW electrolyser and biogenic CO₂ captured from a local biogas facility. It reached FID in January 2022 without operating subsidies and started operations in 2025.

Bright Spots

AM Green | India

08 Jun 2026

Europe│green ammonia│India│offtake│partnering│value chain

The flagship project demonstrates a pathway for building green ammonia facilities, with its repurposed brownfield site, access to round-the-clock green power and a lower cost of capital because of its location in India. It also shows the importance of thinking about the entire value chain when looking at the viability of clean industry projects – not just end customers but suppliers as well.

More to Explore

Bright Spots

07 Jan 2026

Envision Chifeng Green Hydrogen Net Zero Industrial Park | China

Green hydrogen and ammonia are essential for the transformation to clean industry, but are still viewed as premium products with

Bright Spots

08 Jun 2026

LanzaJet | Freedom Pines Fuels USA

For the aviation sector, the transition to sustainable fuels is just getting started, but it is one of the areas

Newsletter

01 Apr 2026

Signal | Issue 31 | April 2026 

Recent geopolitical shocks are making the case for accelerating clean industry development increasingly clear. As we prepare to publish the

Press Release

04 Nov 2025

A new dawn for industry with over 1,000 clean projects in development worldwide, setting the stage for near-term acceleration

São Paulo, 4 November 2025 – Today, the Industrial Transition Accelerator (ITA) and Mission Possible Partnership (MPP) announced that clean industry