Iron ore firms as housing falls

Wednesday 26 March 2025

Decent output levels are keeping iron ore supported for now.

There’s nothing good happening property.

Compared to December, China’s on-budget fiscal revenue and off-budget land sales revenue both weakened meaningfully in January-February, more significant than the deceleration in government spending growth.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.