A recent investor survey underscores the growing investor interest in transitioning steelmaking to green technology and away from coal-fired blast furnaces. The majority of investors advocate for effective climate policies to enable the production of 'green steel' using green hydrogen and renewable energy sources. The survey reveals skepticism towards projects relying on fossil fuels or offsets for emissions reduction, highlighting the need for genuine green technologies like green hydrogen-based iron-making and electric arc furnaces. Incentives from governments are seen as crucial for attracting renewable energy development in the steelmaking sector and achieving net-zero emissions. Investors are also exploring opportunities for importing green iron, especially in regions with limited access to renewable energy. The survey indicates a shifting perception on the role of metallurgical coal in steelmaking, with many investors worldwide considering it increasingly risky. Despite variations in confidence levels across regions like China and India regarding market demand for green production, there is a general trend towards embracing sustainable practices in the industry. Companies like Fortescue Group are forging ahead with green iron projects and green hydrogen initiatives in Australia, with significant investments in renewable hydrogen technology. The Australian government's support for renewable hydrogen projects, including production tax credits, is positioning the country as a key player in the global green iron and steel market. With export partners showing interest in Australia's green hydrogen, the country aims to leverage its clean energy investments to strengthen its position in the sector.