SMM Steel Morning Meeting Minutes: Poor performance of macroeconomic data, market sentiment weakens again

But as the year-end approaches, most steel mills have finished replenishing their stocks, with only a few near the port still in need of a small amount of replenishment, weakening the support for iron ore prices. Coupled with the exhaustion of short-term macroeconomic positive factors, market sentiment has deteriorated, leading to fluctuating and declining iron ore prices...