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BEIJING: International suppliers are raising iron ore prices. But as experts have pointed out, this does not necessarily mean a rise in steel prices. In the first four months of this year, the price of imported iron ore in the Chinese market rose by 26 percent, which pushed up steel prices for a time.
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Liu Qiujun, Chief analyst, said, "The government's structural adjustment policies have greatly pushed down investment in infrastructure. Also the tightening policies to curb the real estate market have dampened demand of property developers."