Iron ore futures prices fell for a third consecutive session on Thursday on rising shipments from Australia and Brazil, although gains were capped by a weakening U.S. dollar. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended morning trade 0.36% lower at 698.5 yuan ($97.51) a metric ton. The benchmark July iron ore on the Singapore Exchange was 0.37% lower at $92.4 a ton, as of 0354 GMT. “Iron ore futures threatened to record a new year-to-date low as robust supplies and lower steel production in China weigh on sentiment,” said ANZ analysts. According to data from Chinese ... (full story)