July 13 (Reuters) - Iron ore futures in China extended losses to a third straight session on Wednesday, hitting the lowest level in more than four months, as unfavourable weather in several Chinese cities added to the gloomy demand outlook for steel and its inputs.
The most-traded iron ore, for September delivery, on China's Dalian Commodity Exchange DCIOcv1 ended morning trade 1.3% lower at 712 yuan ($105.98) a tonne, after earlier falling to 693 yuan, the weakest since Feb. 28.
But support emerged for the steelmaking ingredient on the Singapore Exchange after slumping on Tuesday to its lowest level this year at $104.10 a tonne. As of 0337 GMT, the front-month August SGX contract SZZFQ2 was up 1.7% at $106.75.
In the spot market, the benchmark 62%-grade iron ore bound for China touched seven-month-low $107 a tonne on Tuesday, SteelHome consultancy data showed. SH-CCN-IRNOR62
Scorching heat in some cities and relentless rains in other parts of China may linger for days and further disrupt activity in the world's biggest steel producer.
