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There are many sources that discuss wood vs. steel below is just part of one of them.
Life-cycle analysis results for the steel-framed vs. wood-framed home showed that the steel-framed home used 17 percent more energy; had 26 percent more global warming potential; had 14 percent more air emissions; had over 300 percent more water emissions and had about the same level of solid waste production. Analysis results for the concrete- vs. wood-framed home showed the concrete-framed home used 16 percent more energy; had 31 percent more global warming potential; had 23 percent more air emissions; had roughly the same level of water emissions and produced 51 percent more solid waste. ( From : Evaluating the Environmental Performance of Wood Building Material)
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