Sorry for the late reply, its not a bar but a water stopper provided in the wall.
When we do a construction of a wall, more specifically in water bodies or retaining walls or any kind of walls which comes in contact with water, the water stopper need to be installed at each construction joint in wall when you do not want water to be entered inside.
Those water stopper can be either of rubber or GI sheet or any material as specified for use.
The stopper can either be fixed before concreting or can be inserted into concrete before it sets by 2 inches in case of 4 inch height water stop, or 3 inch in case of 6 inch high water stop.
This way the water does not get the straight direct path and it makes hard for water to find its way into inside.