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BUZZ-Mining and steel stocks gain as China looks to curb spare capacity

Reuters - UK Focus

** Mining and steel stocks among top gainers in Europe on Wednesday on report China is to cut its steel surplus that has kept prices at decade lows

** Analysts expect Chinese steel glut to moderate in 2016 as the country cuts production

** ArcelorMittal (Other OTC: AMSYF - news) up 5.8 pct, ThyssenKrupp (Amsterdam: TH6.AS - news) up 3 pct

** UK-listed miners all up 3-4.5 pct

** Miners all among top risers on Stoxx 600 in a thinly-traded market

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)