Iron ore futures fell on Wednesday, weighed down by ongoing weakness in China’s property sector, which overshadowed support from recent government stimulus and infrastructure plans. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.49% lower at 813 yuan ($113.49) a metric ton, as of 0311 GMT. The benchmark August iron ore on the Singapore Exchange was 0.61% lower at $104.7 a ton. China’s outstanding property loans rose to a two-year high in June, following a series of property measures aimed at stabilising the sector. Despite ongoing policy support, the property downturn ... (full story)