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METALS-Shanghai copper hits 3-month high on supply concerns

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BEIJING, June 6 (Reuters) - Shanghai base metals rose on Wednesday, with copper and lead gaining ground on fears of a supply squeeze, while nickel and zinc tracked the ferrous complex higher following an explosion at an iron ore mine in China. FUNDAMENTALS * SHFE COPPER: The most-traded July copper contract on the Shanghai Futures Exchange rose as much as 1.8 percent to 53,020 yuan ($8,294.35) a tonne, its highest since March 7, on concerns over supply disruption at the worl

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