Shanghai Rebar Falls as Inventory Gain Stokes Supply Concern
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Steel reinforcement-bar futures in Shanghai fell for a third day as an increase in inventory stoked oversupply concerns ahead of the winter low-demand season.
Rebar for delivery in January on the Shanghai Futures Exchange fell 0.3 percent to close at 3,558 yuan ($584) a metric ton, the lowest level for a most-active contract since July 1.