Rebar, or reinforcing bar used in construction, closed down 1.3 percent at 1,916 yuan ($292) a tonne on the Shanghai Futures Exchange. It touched 1,912 yuan earlier, the lowest since March 4.
Rebar has fallen more than 31 percent from its highest point in April when a rally fueled by faith in China's economy, low inventories and seasonal demand pushed rebar to its highest since September 2014.
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