Rebar Advances to Highest in Four Months on China Demand Outlook
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Steel reinforcement-bar futures in Shanghai rose a ninth day to a four-month high on optimism that demand will pick up in China, the largest producer and consumer.
Rebar for January delivery on the Shanghai Futures Exchange climbed by 1.5 percent to 3,810 yuan ($622) a metric ton, the highest close for a most-active contract since April 12.