For international buyers, in this year please do continue pay attention to the payment risk to Chinese suppliers. Although I believe all customers will make a background investigation before sending the money, cheating is still everywhere and the ways are various which are impossible to defend effectively. Here I’m listing some for you to learn.
“Gambling the market trend”, this kind of supplier will quote a price which is obvious lower than current market price, when he gets the order he waits. If the market price goes down later, he could make money and everything goes on normally. But if on the contrary, he won’t deliver the goods and find many excuses for it. As we know, one can’t see how the price changes in future, that’s why this behavior is called gambling. As for the buyer, it’s quite annoying because the supplier keeps touch instead of getting lost, but on one side he doesn’t deliver the material, and on the other hand he doesn’t return the deposit either.
“Deliver low standard products instead of high quality”, this is a very common cheating way actually which happens a lot. For example a customer requires galvanized steel with Z275, but the supplier could make Z275 only at the beginning and end of the coil, but in the middle part, only Z40. Before the buyer gets the material, it’s very hard to find out. For some buyers who are not so professional, they won’t find out even after receiving the material. Some bad suppliers just deliver Z40 in the first place without pretending anything.
“Deliver cement instead of steel”, one of our client sent a picture that he bought it from a cheating company. From outside you can’t even imagine it’s not steel because the packing is the standard export seaworthy packing of a steel coil. But when he opens, it’s a round hard cement in it. Although the client asked for extremely low price, this fraud should be accused.
“Vanish after receiving down payment”, comparing with others, there is absolutely no technical content with this kind of people, they are pure cheaters. They are quite difficult to be found our afterwards because everything he made is fake just like he never existed.
Why the up-mentioned conditions occur? Frankly speaking, no offense, that’s because a lot of buyers don’t have the ability to identify the price effectiveness.
However, there are still a lot of honest suppliers like MESCO. Not to mention we had 0 stain in the past 15 years, even if we can’t cooperate with you in the short term, we can also be friends, and we are glad to help, support, and give some professional suggestions.
Email: mescosteel@aliyun.com
mescosteel@mescogroup.com.cn
mesco002@mescogroup.com.cn
mesco02@aliyun.com
15 years, 73 countries, 480+ clients domestically and worldwide!
Largest private coating steel supplier in northeast China.
Wind Vane company of price in mainstream media.
Council member enterprise of Chinese Steel Export Union.
Council member enterprise of Chinese Northeast Steel Structure Union.
Chinese top 50 coating products supplier in 2019.
Chinese top 100 steel products supplier in 2020.
Chinese top 30 coating products supplier in 2020.