Disruptive Technologies forEmerging Markets The iron & steel industry are in various stages of research and development, in parallel with continued improvements in the reliability, efficiency and energy usage of conventional processes. There is continuous innovation and adoption of new technologies which is required for steel sector companies to survive and move ahead with time. The global market scenario is changing faster for the steel industry, a number of innovative iron and steel making process technologies are being developed to provide the steel companies with economically-sustainable alternatives for iron and steel-making. The fundamentals of converting iron ore to iron and refining it to steel has not changed for past 100 years, but what has changed is the scale and efficiency of using technology, the dynamics has changed over the period of time. Iron & Steel industry is the backbone and the foundation for all nations, if we look at the infrastructure – rails, roads, defense, buildings, and airports, almost everything rely on steel. Technology has synergized the industry which is the need of the hour, using alternative modes for more green technology and a conscious approach towards environment and reducing on GHG.