SHANGHAI, Mar 31 (SMM) – This week, stable supply and slightly growing demand allowed iron ore prices to rebound. Rebar demand improved mildly. Market jitters caused by the US banking crisis have eased. However, weaker buying interest of steel mills at the current high iron ore prices constrained the upside room. The spot prices of PB fines at ports in Shandong gained 5-10 yuan/mt on a weekly basis.
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