The interaction between ultramafic rocks and hot seawater at slow-spreading mid-oceanic ridges triggers hydrothermal redox reactions which are known to produce magnetite and H 2 under appropriate pressure and temperature conditions. Steel slags share some common properties with ultramafic rocks. They are composed of anhydrous and refractory minerals formed at temperatures exceeding 1,200 • C and they contain ferrous iron in comparable amounts. Consequently, when submitted to hydrothermal conditions both types of materials, natural and anthropogenic, are prone to form magnetite and H 2 according to the simplified redox reaction:is the ferrous iron component of the corresponding material that can be present under different mineralogical forms. Since H 2 and magnetite are two valuable products for applications in new technologies, the hydrothermal treatment of steel slags can be seen as a way to valorize a byproduct of the steel industry, a few tenths of a billion tons of which are produced yearly. The hydrothermal behavior of steel slags which arise from basic oxygen furnace (BOF) operations and that of olivine (Mg,Fe) 2 SiO 4 , the main mineral constituent of abyssal peridotites, are described here based on data from the literature. The thermochemical characteristics of Reaction 1 are reviewed for both types of materials in the perspective of optimizing a process that would valorize BOF steel slags for the production of nanomagnetite (and high-purity H 2 ). In particular, the kinetics effect of temperature, pH and solution-to-solid mass ratio on the hydrothermal oxidation of wüstite (FeO), considered here as an analog of the ferrous-iron component of steel slags, are modeled. The possible role of additives (impurity) on the hydrothermal oxidation of wüstite through the catalysis of the water-splitting reaction is discussed. Finally, the lack of kinetics constraints on nanomagnetite growth under hydrothermal conditions in a wide range of pH is identified as a major gap in the understanding of two important issues: (1) the catalysis of abiotic molecules in the course of serpentinization reactions, and (2) the tailoring of the size of the magnetite produced by hydrothermal treatment of BOF steel slags.