April 18, 2017 / 7:55 AM / in 6 months

BUZZ-Supply glut fears weigh on mining stocks

** London-listed miners dominate FTSE, FTSE midcap losers lists as record steel production and ballooning iron ore stockpiles in China stoke fears of a glut

** Iron ore futures in China fell more than 3 pct to their weakest level since Jan

** Output that is showing little signs of abating despite tepid demand and govt efforts to cut capacity has metals prices

** Mining stocks among the biggest drags on major European indexes as markets reopen after the Easter holidays

** Anglo American (-3.2 pct), Rio Tinto (-2.4 pct), BHP (-2.4 pct), Glencore (-2.1 pct), Antofagasta (-1.7 pct) among top ten losers on FTSE

** Kaz Minerals (-3.8 pct), Vedanta (-2.6 pct), Hochschild (-2.7 pct) , Acacia (-2.3 pct) among top FTSE midcap losers (RM:sanjeeban.sarkar.thomsonreuters.com@reuters.net)

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