+ Shanghai Jan hot rolled coil up 1.1% to 3,706 yuan ($569) + Spot rebar down $40-50 at 3,450-3,500 yuan  + Spot iron ore 63.5% up $2 to $98-99 Spot prices for rebar and wire rod fell a further 40-50 yuan per tonne on Thursday as sentiment took a dip after Beijing renewed its commitment to cut overcapacity. In the Shanghai spot market, HRB335 20mm rebar was being sold at 3,450-3,500 yuan per tonne, while wire rod was going at 3,460-3,510...