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
  • Events

Reuters Events: Global Energy Forum 2026 | invitation

│││

Reuters Events: Global Energy Forum 2026 brings together 600+ senior leaders from across energy, finance, technology and policy to address the decisions reshaping global energy markets.
  • Newsletter

Signal | Issue 33 | June 2026

││││

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

│││

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.

More to Explore

  • Bright Spots

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

  • Bright Spots

China Hongqiao Group | China

With close to 6.5 Mtpa of primary smelting capacity, China Hongqiao Group is one of the world’s largest aluminium producers.

  • Bright Spots

Holcim OLYMPUS | Greece

Holcim’s OLYMPUS project is testing a new model for cement decarbonisation in a challenging setting. By building a direct source-to-sink

  • Press Release

Mission Possible Partnership appoints Faustine Delasalle as CEO

November 1st [Washington, DC, London, Geneva, Houston, Los Angeles], the Mission Possible Partnership (MPP) announces the appointment of Faustine Delasalle to

Latest

Search
NEWSLETTER SIGN UP
Linkedin X-twitter Icon-Bluesky-white Envelope

Subscribe to our newsletter

Discover how we advance clean industry transformation globally, be first to know our latest news, projects, reports and events. 

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

By submitting this form, you acknowledge that your details will be processed by Mission Possible Partnership in accordance with our Privacy Policy . You can unsubscribe from our communications at any time.

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Latest

UNLOCKING PROJECTS

Solutions >