European equities slid Tuesday, with sharp pullbacks among commodity shares leading the market lower for the first time in three sessions. The Stoxx Europe 600 SXXP, -1.01% fell 0.9% to 341.78, as no sector moved higher. The worst performing sectors were basic materials SXPR, -4.42% and oil and gas SXEP, -1.86% The pan-European index on Monday rose 0.7% as mining stocks gained and as investors continued to embrace a boost in stimulus from the European Central Bank. Copper blues: But mining shares on Tuesday were sitting at the bottom the Stoxx 600, with Antofagasta PLC ANTO, -10.29% stumbling 10%. The shares were on track for their worst loss since September 2011, according to FactSet, after Chile-based copper producer said it won’t pay a final dividend as it’s focusing on cost cuts as copper prices decline. “Copper stands for a clear majority of Antofagasta sales (it stood for 83% of its sales in 2014) and having dropped more than a third of its value since May 2015, it has significantly damaged the 2015 results,� said Will Hedden, senior sales trader at London Capital Group, in a note. Elsewhere in the group, copper miner Anglo American PLC AAL, -7.28% shares tumbled 7.8% and iron ore heavyweight BHP Billiton PLC BLT, -5.84% BHP, -6.22% BHP, -3.44% gave up 5.8%. Copper prices HGK6, -0.74% for May delivery were down 0.9% on Tuesday. Oil: Oil prices CLJ6, -2.12% LCOK6, -2.18% extended losses Tuesday, with West Texas Intermediate and Brent crude futures down more than 2% as Iran on Monday said it won’t participate in a freeze in production agreed upon by other oil-producing nations. Shares of oil producers and oil-field services providers were hit. Tullow Oil PLC TLW, -8.42% was down 6.5% and Statoil ASA STL, -2.07% stumbled 1.8%. Energy services supplier John Wood Group PLC WG., -4.17% was tripped 5.2% lower and France’s Technip SA TEC, -1.68% moved down 1.7%. Indexes: The losses among commodity shares hurt the U.K.’s FTSE 100 UKX, -0.62% which fell 0.6% to 6,138.66. Germany’s DAX 30 DAX, -0.59% declined 0.5% to 9,943.44. There, shares of Volkswagen AG VOW3, -2.15% VLKAY, -2.06% pulled lower by 1.8%. The auto maker now faces a lawsuit filed in Germany on behalf of institutional investors seeking 3.3 billion euros ($3.7 billion) related to the company’s emissions-cheating scandal. Read: Automakers’s earnings will be cut if the euro surges 10% France’s CAC 40 PX1, -0.90% fell 0.7% to 4,473.48. Italy’s FTSE MIB FTSEMIB, -1.21% was off 0.5% at 18,889.52 and Spain’s IBEX 35 IBEX, -1.50% shaved off 0.8% at 9,074.20. The euro EURUSD, -0.0720% was buying $1.1090, little changed from $1.1098 late Monday in New York.

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