Current energy conservation and emissions reduction strategies in iron and steel industry were reviewed. Since foundry industry is one of the major source of energy consumption and pollution emission (especially CO2), issues concerning energy-saving and emission-reduction have been raised by governments and the industry. Specialists from around the world carried out multidimensional analyses and evaluation on the potentials in energy conservation and emissions reduction in iron and steel industry, and proposed various kinds of analyzing models. The primary measures mainly focus on the targeted policies formulation and also on clean and high-efficient technologies development. The differences and similarities in energy conservation and emission reduction in foundry industry between China and other countries were discussed, while, the future development trend was also pointed out.