Stocks in and around the commodity space were looking worse for wear on Tuesday.
Manufacturer, Vallourec posted a loss in its third-quarter, under pressure from a fall demand from oil and gas customers. Shares in the company fell over 10 percent by the close, after it said it did not expect market conditions to improve in the short-term.
On top of this, Barclays downgraded its outlook for Europe's mining sector from "positive" to "neutral", after commodity stocks slumped during 2015, over concerns on an economic slowdown in China. Consequently, shares in miners dragged the London FTSE lower, with Anglo American at the bottom of the U.K. index, down 4.7 percent. Glencore and Antofagasta finished sharply lower too.