Rebar Falls to Lowest Level in Four Months on China Economy

Steel reinforcement-bar futures declined to the lowest level in more than four months as slowing economic growth in China, the biggest user, led to a slump in industrial metals.

The contract for October delivery on the Shanghai Futures Exchange dropped 1.3 percent to 3,651 yuan ($591) a metric ton, the lowest close for a most-active contract since Dec. 6.