Within the integrated steel plant, the blast furnace BF is the most energy intensive process with significant amount of CO2 emission. Switching of fossil fuels to biomass offers an alternative for the natural resources reservation and climate change mitigation. In recent years, lots of efforts have been putting on developing biomass for BF’s utilization, especially in regions with abundant forest resources. This paper aims to give a review of research development in Sweden and Finland from North Europe and Canada from North America. Biomass availability, market competition, economic feasibility, and barriers and challenges for the industrial applications are addressed.