To meet the carbon-neutral goal in 2050, an accelerated transition of decarbonization is needed in the iron and steel industry. Lots of decarbonization path models are recently being used to analyze the technology pathways, industrial structure adjustments, and short- or long-term policies for greenhouse gas emission reduction. Thus, systematic insight is required for better making sense of the status quo and differences in low-carbon transition pathways at different levels. This paper reviews the carbon emission reduction of steel production routes and summarizes the decarbonization models from micro-, meso-, and macro-level perspectives, respectively. First, we systematically analyze the capacity and potential of both available and emerging technologies in the iron and steel production process. Additionally, we conduct a theoretical analysis of the bottom-up models currently used as effective tools to assess decarbonization technology pathways. Subsequently, pathways and models in terms of industrial synergy are elaborated. Policy guidance and market support are explored to overcome the challenges of collaborative carbon reduction faced by global steel producers. The characteristics of top-down models for supporting carbon reduction are also discussed. Finally, gaps in the literature and future research agendas are identified. Advancing this research could enrich discussions on steel industry decarbonization and provide clearer assessments of modeling approaches. The results indicate that existing energy-saving technologies in the iron and steel industry have limited carbon reduction capacity. Significant reduction requires coordinated efforts with upstream and downstream industries, particularly in hydrogen and power sectors, along with financial support and favorable policies.
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