I just installed Fighting Steel, and to my surprise, it worked in Windows7 64 bits

. It's the first time that having a built-in graphic card (Intel) has been an advantage.
These are the steps I made to get it working:
1) Install the game from the original CD.
2) Install the Fighting Steel Project latest version (FSP v10.43).
3) Set
fightingsteel.exe to run with compatibility mode in Windows98.
4) Followed Fred's tip and installed
d3drm.dll in
windows\SYSWOW64.
5) Edited
DbzLib.ini in the
INI game folder and changed Title, Intro and Playmovies to 0. Also changed the CDROM path to the one in the game.
And now it works...