Steroids can be manufactured synthetically as drugs. There are different types of steroids and they all have different effects on the body. Common types of steroids used in cancer treatment are: hydrocortisone, dexamethasone, methylprednisolone and prednisolone.teroids can also be man-made and used as part of your cancer treatment. Steroids can be taken as tablets or liquids by mouth or by injection, depending on the type your doctor prescribes.