According to the Metal Bulletin data reported on March 28, the iron ore spot prices for benchmark fell 1.08% to US$55.76/ton, which is the lowest level since March 16. 
Chinese iron ore futures on the Dalian Commodities Exchange also slid 1.89%.

Analysts at Metal Bulletin pointed out that trade was down due to the Easter break. However, the benchmark spot prices remain weak, is a fifth consecutive session fall. Chinese iron ore and rebar futures also fell further.

• [Editor:Chen Zhen Seng]