By the end of 2026, will global crude steelmaking capacity be at least 2,600 million tonnes per year?

Market shows a slight lean towards increased global steelmaking capacity by 2026.

The prediction market indicates a 59.54% probability for global crude steelmaking capacity to reach at least 2,600 million tonnes by the end of 2026. With a close margin and a confidence level of 50/100, the market reflects uncertainty about future demand and production capabilities. The edge of -5 suggests that the data available is insufficient for a confident assessment.

• 1 Current market sentiment favors a slight increase in steelmaking capacity.
• 2 The probabilities are closely matched, indicating uncertainty in the market.
• 3 Historical trends in steel production may influence future capacity estimates.
• 4 Liquidity in this market appears moderate, affecting the confidence of predictions.
• 5 Time pressure is significant with only 6705 hours until expiry.