Author: Lalita
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Taiwan’s China Steel Corp Slashes HRC Prices for June by USD 30/MT
China Steel Corp, Taiwan’s largest steelmaker, announced that it would slash steel prices for June deliveries as the COVID-19 pandemic continued to weigh on market demand. The company is to cut June prices by NT$900 (USD 29.89) per MT for hot-rolled steel plates and hot-rolled steel coils, as well as hot-rolled and cold-rolled steel pipes.