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Australian Treasurer Charles Chalmers: The fuel tax relief is in effect. We are helping drivers cope with the rising cost of living due to increased fuel prices.

2026-04-07

Australian Treasurer Charles Chalmers: The fuel tax relief is in effect. We are helping drivers cope with the rising cost of living due to increased fuel prices.

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2026-04-07

Southern Crude Oil LOF: Trading will be suspended from the opening of the market on April 8, 2026 until 10:30 on the same day, and will resume at 10:30 on April 8, 2026.

Southern Crude Oil LOF: Trading will be suspended from the opening of the market on April 8, 2026 until 10:30 on the same day, and will resume at 10:30 on April 8, 2026.
2026-04-07

China’s electric-arc furnace (EAF) steelmakers increased weekly capacity utilization to over 61% in the week ended April 2, the highest level since January 2024, according to Mysteel data covering 94 independent mills. The rise marks a break above th

China’s electric-arc furnace (EAF) steelmakers increased weekly capacity utilization to over 61% in the week ended April 2, the highest level since January 2024, according to Mysteel data covering 94 independent mills. The rise marks a break above the 60% threshold as EAF production becomes profitable again, said Mysteel researcher Steven Yu. EAF mills, which use recycled scrap instead of iron ore and coal, had previously lagged due to weaker margins and higher costs versus blast furnaces. However, narrowing cost differences between scrap and molten iron—down to about 60 yuan ($8.72) per ton—have improved competitiveness.
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