Rebar Falls for Sixth Week on Iron Ore Drop, Chinese Economy
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Steel reinforcement-bar futures in Shanghai retreated for a sixth week after iron ore slumped to a six-month low and on concerns that Chinese demand is weakening.
Rebar for May delivery on the Shanghai Futures Exchange fell 0.3 percent to close at 3,470 yuan ($573) a metric ton. Futures declined 0.6 percent this week.