Error: "Failed to initialize STEAM"

This error can happen if PUBG is unable to load Steam properly.

 Please try the following troubleshooting steps:

1. Try to launch Steam and PUBG as an administrator
2. Try to re-install Steam from Control Panel
3. Try to change or remove all Steam Launch options (if any)
4. Editing Launch settings to -autoconfig or -windowed

• Right-click on the game title under the Library in Steam and select Properties.
• Under the General tab click the Set launch options… button.
• Enter the launch options, -autoconfig or -windowed (be sure to separate each code with space) and click OK.
• Close the game’s Properties window and launch the game.

 If the issue persists contact PUBG Player Support with the screenshot of the error.