[Ferro-Alloys.com] Taiwanese steelmaker China Steel Corp last week announced price cuts for products delivered in May to boost market confidence amid the COVID-19 pandemic. The company said it would cut by NTD 300 (USD10) per tonne prices of hot-rolled steel plates, hot-rolled steel coils, hot-rolled and cold-rolled steel pipes, electro-galvanized sheets and pre-painted galvanized steel coils. The price of electrical sheets would remain unchanged. Although the pandemic has had minor effects on Taiwan’s supply chain, due to the nation’s prompt efforts to contain the virus, CSC said it would nevertheless trim quoted steel prices to stimulate shipments for downstream vendors. (steelguru)

• [Editor:kangmingfei]