Carbon emission reduction in the iron and steel industry is of great significance to achieve China's carbon neutral goal, making it one of the main battle fields to fulfill the carbon neutral commitment. This paper provides a systematic review of the research and application prgress of carbon capture technology in the iron and steel industry. The characteristics of carbon emissions in the iron and steel industry are summarized, with the blast furnace as the highest emitter, accounting for approximately 30% of the total CO2 emissions due to direct emissions from the hot blast furnace carbon capture technologies in the iron and steel industry mainly inelude organic amine absorption technology, ammonia water absorption, pressure swing adsorption, and steel slag mineralization. Currently, there are only a few small-scale applications in practice. Additionally, the research progress of carbon capture materials such as new organic amine absorbents and modified molecular sieve materials was systematically introduced. Future studies should focus on CO2 capture from blast furnace gas and hot blast furnace flue gas. Moreover, research on phase-change absorption systems and catalytic-assisted regeneration systems should be reinforced to address issues related to the balance between phase separation and absorber viscosity, as well as catalyst stability, ultimately facilitating their combined application. Furthermore, future research should foeus on CO2 capture and utilization integration technologies, including flue gas steel slag direct mineralization and capture-mineralization integration.