METALS-Copper near 3-year lows on growth worries
SINGAPORE, July 1 (Reuters) - London copper steadied on Monday but remained near three-year lows after data showing that growth in China's vast manufacturing sector contracted in June underlined sluggish prospects for metals demand.
* Three-month copper on the London Metal Exchange traded at $6,767 a tonne by 0114 GMT, up by 0.25 percent from the previous session when it closed little changed.
* Copper ended June down more than 7 percent, its biggest monthly loss since Sept 2011. Prices sank to $6,602 a tonne on June 25, the lowest level in three years.
* The most-traded October copper contract on the Shanghai Futures Exchange climbed by 0.60 percent to 48,680 yuan ($7,900) a tonne.
* China's official purchasing managers' index (PMI) slipped to 50.1 in June from 50.8 in May, a survey showed on Monday, reinforcing worries about tepid growth in the second quarter.
* U.S. consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.
* Benefiting from a recent U.S. Supreme Court decision, Rio Tinto Plc RIO.L has won the dismissal of a nearly 13-year-old U.S. lawsuit accusing the Anglo-Australian mining company of complicity in human rights abuses on the South Pacific island of Bougainville.
* Hedge funds and money managers boosted their short positions in Comex copper by 3581 contracts to 32,599 contracts, a report by the Commodity Futures Trading Commission (CFTC) showed on Friday.
* For the top stories in metals and other news, click , or
* Asian stocks got off to an uninspired start on Monday, while the U.S. dollar held firm at one-month highs after an influential Federal Reserve official suggested September could be the beginning of the end of easy money from the central bank.
* The dollar advanced against the yen and the euro on Friday as investors resumed pricing in the possibility that the Federal Reserve will begin to pare back its bond-buying program as soon as its September policy meeting.
DATA/EVENTS (GMT) 0145 China HSBC manufacturing PMI final 0500 India HSBC Markit manufacturing PMI 0743 Italy Markit/ADACI Manufacturing PMI 0748 France Markit Manufacturing PMI 0753 Germany Markit/BME Manufacturing PMI 0758 Euro zone Markit Manufacturing PMI 0900 Euro zone Inflation 0900 Euro zone Unemployment rate 1400 U.S. ISM Manufacturing PMI 1400 U.S. Construction spending
Base metals prices at 0114 GMT
Metal Last Change Pct Move YTD pct chg LME Cu 6767.00 17.00 +0.25 -14.68 SHFE CU FUT OCT3 48680 290 +0.60 -15.97 HG COPPER SEP3 3.06 0.00 +0.10 -16.21 LME Alum 1780.00 7.00 +0.39 -14.13 SHFE AL FUT OCT3 14290 60 +0.42 -8.81 LME Zinc 1860.00 7.00 +0.38 -10.58 SHFE ZN FUT OCT3 14505 100 +0.69 -9.65 LME Nickel 13750.00 5.00 +0.04 -19.40 LME Lead 2058.00 8.00 +0.39 -11.67 SHFE PB FUT 13950.00 55.00 +0.40 -13.08 LME Tin 19600.00 0.00 +0.00 -16.24 LME/Shanghai arb^ -378
Shanghai and COMEX contracts show most active months ($1 = 6.1376 Chinese yuan)
(Reporting by Melanie Burton; Editing by Richard Pullin)