Copper prices in London fell amid uncertainty over Ukraine-Russia tensions despite the softening of the dollar.
On the London Metal Exchange, three-month copper traded at $9,983/ton, down 0.1% at 06.11 CET. On the Shanghai Futures Exchange, copper for March delivery rose 0.1% to yuan 71,410/t ($11,277).
On the LME, aluminum was down 0.5% to $3,241.5/tonne and nickel was up 0.3% to $23,465/t.
Aluminum increased 0.7% and nickel 0.4% in ShFE.
Iron ore futures in Dalian also fell for 4th day, suppressing steel prices
In China, benchmark iron ore futures fell more than 5% today for the fourth straight session. Iron ore, which declined due to the government's concerns about intervention in the market, put pressure on steel prices.
Analysts noted that the previous rise in iron ore prices was related to expectations and not much to do with fundamentals, and noted that steelmaking raw material was suppressed by policies.
May futures iron ore fell 5.2% to 675 yuan/t ($106.62) on the Dalian Commodity Exchange. The contract was traded at 688 yuan/tonne, down 3.4% at 06:30 CEST.
On the Shanghai Futures Exchange, rebar fell 1% to 4,734 yuan/t, and hot rolled coil fell 0.8% to 4,859 yuan/t.