Iron ore futures dropped on Wednesday to their lowest levels in more than six months, as demand prospects were clouded by the escalation of a global trade war triggered by U.S. President Donald Trump’s broad tariffs. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) was down 2.9% at 687 yuan ($93.47) a metric ton, as of 0311 GMT. Earlier in the session, the contract hit its lowest point since September 24 at 670.5 yuan a ton. The benchmark May iron ore on the Singapore Exchange was trading 1.16% lower at $93.65 a ton. The contract had earlier dropped to its lowest level since ... (full story)