Asian steelmakers, particularly in China and Japan, are focusing on decarbonization technologies for blast furnace-basic oxygen furnace (BF-BOF) steelmaking due to regulatory pressure and the need to reduce greenhouse gas emissions. While BF-BOF steelmaking remains vital for its efficiency and scalability, the industry is transitioning towards greener practices. Methods include shifting to electric arc furnace (EAF) production using ferrous scrap and exploring direct reduction iron (DRI)-EAF steelmaking fueled by green hydrogen. Despite the higher costs involved, decarbonization technologies for BF-BOF steelmaking are crucial in the short to medium term. Notable advancements include Japan's Nippon Steel injecting hydrogen in blast furnaces to achieve a record 43% CO2 emissions reduction, signaling a move towards 'green steel' production. Companies like JFE Steel and China Baowu Steel Group are also investing in carbon recycling technologies and hydrogen-enriched furnace projects to cut emissions. The rise in demand for low-carbon steel, driven by global decarbonization efforts and initiatives like the EU's carbon border adjustment mechanism (CBAM), is pushing Asian steelmakers to adopt greener practices. Market competitiveness and partnerships with end-users like automotive and construction sectors are further propelling the shift towards low-carbon steel production.