Steel is essential for decarbonizing our energy system. We use it to build solar panels, wind turbines, and transmission towers. At the same time, the global iron and steel industry is currently responsible for 11% of global carbon dioxide emissions and 7–9% of global greenhouse gas emissions. In addition to energy projects, we use steel for buildings, bridges, medical devices, and other important applications. As economies develop and build up infrastructure, global demand for steel will continue increasing.