Economics
Rebar Falls as China Manufacturing Data Signal Weak Demand
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Steel reinforcement-bar futures in Shanghai declined as a lower-than-estimated manufacturing gauge for China signaled that demand would weaken.
Rebar for May delivery, the most-active contract on the Shanghai Futures Exchange, fell 0.9 percent to close at 3,612 yuan ($593) a metric ton. Prices rose 1.5 percent in the previous two days.