Rebar Falls From 11-Week High on Slower China Investment Growth
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Steel reinforcement-bar futures in Shanghai fell from the highest in 11 weeks as a slowdown in fixed-asset investment growth spurred demand concern.
Rebar for May delivery, the most-active contract on the Shanghai Futures Exchange, fell 0.2 percent to close at 3,729 yuan ($614) a metric ton, after climbing to 3,745 yuan, the highest since Sept. 24.