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

08 May 2026

Economic growth│energy transition│Event│USA

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

Event date

16 July, 2026
- 17 July, 2026

Insights

Harnessing energy productivity for industrial competitiveness

07 May 2026

energy productivity│finance│insight│lead markets│milestones│strategy

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

06 May 2026

Europe│Event│Industrial decarbonisation

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…

Event date

2 July, 2026

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Insights

16 Jan 2025

What other states can learn from California’s journey to 150,000 EV chargers

In 2024, California announced that the state had more than 150,000 public and private electric vehicle chargers. While California must

Bright Spots

05 Jan 2026

ATOME Villeta | Paraguay

ATOME is charting a new course for fertiliser production in Latin America. Its flagship Villeta Project in Paraguay will harness

Newsletter

01 Nov 2025

Signal | Issue 27 | COP30 – November 2025

As global leaders and changemakers gather in Belém, Brazil, for COP30, we’re creating spaces for meaningful discussions on accelerating the

Reports

01 Nov 2024

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,