The steel sector in Europe is undergoing a significant transformation towards green steel production to decarbonize the industry. Despite the progress made in various transition projects, defining 'green steel' remains a challenge due to differing carbon footprints and allocation systems. While projects are moving towards low-carbon steel production, achieving truly net-zero emissions steel faces hurdles like high hydrogen procurement costs impacting cost competitiveness. However, there is a growing demand for low-carbon steel in sectors like automotive and white goods, with an expected 10% share of green steel in Europe within five years. Experts emphasize the importance of regulation, standards, and initiatives like the European Union's 'Green Deal Industrial Plan' in driving the transition. They anticipate around 10 million tonnes per year of fossil-free steel demand by 2030, leading to a tight market due to limited offer. Projects like Stegra, Hybrit/SSAB, and GravitHy are expected to contribute to hydrogen-based green steel production, although volumes will initially be small. Various options are being explored by the industry, including EAF, DRI/HBI processes, and potential support for CCUS deployment. Challenges exist in implementing options like 100% scrap, biomass, and Molten Oxide Electrolysis (MOE). The industry's focus on the H2-based DRI+EAF route signals a shift towards sustainable steel production in Europe.