The article discusses the role of green hydrogen in decarbonizing the steel industry in Latin America. Key points include the current challenges in the steel sector, the importance of green hydrogen in achieving decarbonization goals, and the potential for cost reductions in green hydrogen production. The authors highlight the need for improved technologies, optimized value chains, infrastructure development, and increased investments to drive the transition to green hydrogen effectively. They also showcase current green hydrogen projects in Peru, Argentina, Brazil, and Chile, indicating the region's progress towards sustainable energy practices. The article emphasizes the significance of public-private partnerships, regulatory changes, and incentives to support the growth of green steel and hydrogen projects. Latin America is positioned as a region with promising prospects for renewable hydrogen production at competitive costs, making it a key player in the global energy transition towards sustainability.