Global steel prices rise 10% by August 2026 due to Australian coal supply constraints
user-generated· macro
Global steel prices rise 10% by August 2026 due to Australian coal su…
Market overview
Australia is a key supplier of steel-making coal, and the reported stall in recovery suggests reduced exports. With global demand for steel remaining steady, supply constraints will likely drive prices upward. Major steel producers in Asia and Europe will feel the squeeze.
macro prediction market
- Implied probability (Yes)
- 70%
Source: user-generated
More macro markets
- 10-year Treasury yield exceeds 5% by Q4 2026 due to Fed oversight — 67% Yes
- Ukraine aid funding drops 20% in next federal budget cycle — 70% Yes
- US new business filings surpass 2026 record by 2027 — 75% Yes
- Fed holds interest rates steady through 2026 due to labor stability — 70% Yes
- Fed cuts rates within 6 months under Warsh — 70% Yes
- AI boosts oil production by 5%+ by 2027 — 70% Yes
- U.S. energy production hits new annual record in 2026 — 80% Yes
- Trump's approval rating drops below 40% by year-end — 70% Yes
No one's made a Conviction call on this yet. Be the first to call it →
Loading…