A mixed finish for industrial metals as traders weigh China’s slowing economy against the strong jobs market in the US. Aluminum, nickel, and copper fell on the London Metal Exchange after a key Chinese manufacturing gauge hit its lowest level in over two years, but the data was partially offset by US job numbers.
Source: https://www.bloomberg.com/news/articles/2025-06-03/iron-ore-falls-as-china-pmi-slips-to-lowest-level-since-2022