The Act on Strengthening the Competitiveness of the Steel Industry and Supporting Its Carbon Neutral Transition(the “K-Steel Act”), passed by the National Assembly on November 27, marks Korea’s first formal commitment to steering its steel industry toward a low-carbon transition through institutional government support. With concrete implementation tools such as a Prime Minister-led Special Committee and the designation of low-carbon steel industrial zones, the Act makes the definition of low-carbon steel products and low-carbon steel technologies a decisive factor for the industry’s future competitiveness.