The Indian government is dedicated to achieving a net-zero target by 2070, with a strategic roadmap for the steel industry. The focus includes enhancing energy and resource efficiency in the short term, utilizing Green Hydrogen and Carbon Capture in the medium term, and embracing disruptive technological innovations in the long term. Task Forces, the National Green Hydrogen Mission, and initiatives like the National Solar Mission drive decarbonization efforts in the steel sector. Additionally, the Carbon Credit Trading Scheme incentivizes emissions reduction among steel companies. However, challenges loom with the EU and UK's Carbon Border Adjustment Mechanisms potentially impacting Indian steel exports. Concerns have been raised over compliance burdens in relevant WTO bodies. The steel sector has seen fluctuations in exports to key destinations like the EU, UK, and USA over the past five years. This dynamic landscape underscores the importance of balancing innovation with regulatory compliance in the global steel market.