CDP, a non-governmental organisation promoting environmental transparency, released its "Melting Point" report assessing the world's 20 largest publicly listed steel companies. These firms represent 30% of global steel production. The report finds that rising carbon prices place 14% of company value at risk on average. It also reveals that the sector projects emissions reductions below 50% by 2050, falling short of the 65% required for global climate goals. Over 590 institutional investors with more than $110 trillion in assets participate in CDP's disclosure system. The organisation scores companies from A to D based on emissions reporting, climate strategy, and reduction targets. The report calls for ambitious emissions targets, energy-efficient technology integration, and investment in low-carbon technologies like hydrogen-based steelmaking.