** Analysts at Citi downgrade stock rating on Australia's Bluescope Steel to "neutral" from "buy"; maintain PT at A$23
** Brokerage says momentum in steel prices in the United States has stalled and Asian steel spreads are being pressured by high China exports
** Says investors need to exercise caution around Bluescope Steel into year-end
** Until China stimulus efforts to improve domestic demand take effect, we expect high China steel exports may persist - Citi
** Stock has fallen 9.7% this year, as of last close
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))
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