A new report highlights the importance of incentivizing the production and consumption of low-carbon steel to combat climate change. The adoption of green hydrogen-produced steel in industries like construction and automotive is crucial for reducing carbon emissions. The report suggests that partnerships between climate-conscious clients and steel producers can help cover the slight price premium of green steel, particularly in sectors where steel is a major component. In China, for example, the additional cost of using green hydrogen scrap-based steel in construction is relatively small compared to the overall cost of a building. The automotive and shipping sectors could also benefit from integrating green steel into their supply chains to reduce the carbon footprint of their products. The authors emphasize the need for government support through tax rebates, investments in research and development, and power sector reforms to lower the cost of green hydrogen and promote green steel production. While green hydrogen-based steel is still in its early stages, scaling up production and increasing transparency about costs are essential to drive adoption of sustainable steelmaking practices.