Ironmaking is considered an energy intensive sector as it required huge natural resources. Iron and steel industry is very important for the economy of worldwide. It could be considered the main and backbone of many industries as constructions, transportations, and manufacturing. Technically, iron & steel industry was developed in the last years resulting significant revaluation in the main parameters controlling the whole industry. In general, ironmaking takes 3 main techniques: blast furnace, direct reduction and direct smelting. There are many controlling parameters are strongly affecting the technological changes in ironmaking which must be considered when handling any new trend and/or deciding the best technique could be selected for new investment in ironmaking. Energy consumption is the main deriving force beside other factors such as environmental impact and operation costs. The present review will handle the present status and future of ironmaking. The environment which is prompting the enhancement of ironmaking will be clarified. The article introduces the process developments and status of the main routes of ironmaking industry. The future ideas for developing ironmaking processes will be clarified as well.