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

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June 23rd-24th 2026New York City, USA Event websiteRegistration Peak power demand is projected to surge 26% by 2035, driven by…

  • Insights

Harnessing energy productivity for industrial competitiveness

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As we navigate the complex path to a cleaner world, energy productivity, the economic value generated per unit of energy…

  • Events

Decarb Connect Europe 2026 | invitation

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June 2nd-3rd 2026Hamburg, Germany Event websiteRegistration The next wave of industrial advantage in Europe won’t just come from smart technology breakthroughs. It will come from…

More to Explore

  • Reports

Global Project Tracker: mapping clean industry | report

The Global Project Tracker was launched in April 2024 to monitor the global decarbonisation progress of seven heavy industry and transport sectors,

  • 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

  • Press Release

Call to unlock demand for low-carbon products and accelerate industrial projects worth $1 trillion

14th November 2024 – Governments must urgently act to stimulate demand for low-and near zero-carbon materials, chemicals and fuels to accelerate

  • Bright Spots

Repsol Ecoplanta | Spain

Repsol’s Ecoplanta project in Tarragona reached final investment decision (FID) in January 2025 and will pioneer the commercial-scale production of

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