Oct 20 (Reuters) - Copper prices fell on Tuesday as rising coronavirus cases in Europe and doubts about a U.S. stimulus deal fuelled concerns over a sustained global economic recovery.
Three-month copper on the London Metal Exchange declined 0.4% to $6,752.50 a tonne by 0235 GMT, while the most-traded November copper contract on the Shanghai Futures Exchange dipped 0.1% to 51,260 yuan ($7,664.59) a tonne.
Surging daily coronavirus infections in Europe ignited concerns about more severe lockdowns. Parts of the United Kingdom were put into lockdown and France imposed curfews.
U.S. House Speaker Nancy Pelosi stated a Tuesday deadline in order to push through an agreement on a coronavirus relief package before the election.
FUNDAMENTALS
* Workers at Chile's state-run Codelco, the world's largest copper producer, took to the streets on Monday to reject layoffs announced by the company during the pandemic.
* Chile's Candelaria copper mine, owned by Canada's Lundin Mining, said it planned to suspend operations beginning Tuesday after two of its unions called on their workers to begin strikes.
* ShFE lead fell as much as 1.4% to 14,180 yuan a tonne, its lowest since June 24, while LME lead slipped 0.5% to $1,751 a tonne.
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MARKETS NEWS
* Asian stocks came under pressure as the deadline for U.S. lawmakers to pass an economic stimulus bill approached and amid concerns about lockdowns in Europe due to rising virus cases.
DATA/EVENTS (GMT)
1230 US Housing Starts Number Sept
PRICES
Three month LME copper
Most active ShFE copper
Three month LME aluminium
Most active ShFE aluminium
Three month LME zinc
Most active ShFE zinc
Three month LME lead
Most active ShFE lead
Three month LME nickel
Most active ShFE nickel
Three month LME tin
Most active ShFE tin
ARBS ($1 = 6.6879 yuan) (Reporting by Mai Nguyen; Editing by Subhranshu Sahu)