Rebar Gains as Inventory in China Drops to Lowest Since 2011
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Steel reinforcement-bar futures in Shanghai climbed as inventory in China fell to the lowest level in more than two years.
Rebar for May delivery, the most-active contract on the Shanghai Futures Exchange, rose 0.6 percent to close at 3,646 yuan ($599). The contract has gained 1.5 percent in two days.