Decliners in Continental Europe were led by Luxembourg steelmaker ArcelorMittal ( MT ), 8.0% lower, followed by Spanish banking groups Banco Bilbao Vizcaya Argentaria ( BBVA ) and Banco Santander ( SAN ), down by 3.0% and 1.7%, respectively. Copyright (C) 2016 MTNewswires.com. American depository receipts of European stocks were trading 0.3% lower at 131.58 on the Bank of New York Mellon Europe ADR Index on Wednesday morning after Britain's construction industry slumped to a seven-month low and the euro area registered meager growth in inflation.