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BUZZ-European steel and mining stocks fall on Trump trade fears

** Steel stocks among top fallers in Europe with traders citing Donald Trump's failed healthcare bill as evidence his infrastructure policies will also face opposition

** Plan to replace Obamacare collapsed on Friday after opposition from Republican lawmakers

** Spot metal prices lower in London on Monday

** ArcelorMittal (LSE: 0NSF.L - news) and Outokumpu (LSE: 0FJ8.L - news) both among top fallers on Stoxx 600 on Monday, both down over 3 pct

** Peers Acerinox, SSAB (LSE: 0KII.L - news) , Aperam (LSE: 0OLF.L - news) , Voestalpine (IOB: 0MKX.IL - news) , ThyssenKrupp (IOB: 0O1C.IL - news) and Salzgitter (IOB: 0G77.IL - news) all lower

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** Steel stocks have risen following the election of Trump in November, who has pledged a large increase in infrastructure spending

** Miners also lower: Stoxx 600 Basic Resources (Frankfurt: W8Z.F - news) index worst performing index, down 1.8 pct (RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)