Some notes when purchasing stainless steel (Part I)
MESCO Steel officially included stainless steel as one of the company's main products in 2022.
As a high-end product in the steel field, the procurement cost of stainless steel is generally higher than that of other steel types. Some grades are double or even triple that of ordinary steel. This has led to some dishonest suppliers to conduct many illegal operations and deceptive behaviors in pursuit of profits.
The following points are some traps that customers may encounter during the stainless steel purchasing process. Buyers are advised to be careful to identify them to avoid being deceived.
1. False delivery
There are many such circumstances, for example the supplier lost contact immediately after receiving the deposit; neither ship nor refund the money for a long time after receiving the deposit; only ship the quantity that can be purchased with the deposit and the rest is not; the outer packaging of steel coils was used for export, but the interior is filled with cement or tires; second-grade products or defective products of poor quality are used instead of first-grade products. These situations are difficult to detect in advance. Please try your best to conduct detailed background checks on the supplier.
2. Low grade instead of high grade
Prices for different grades of stainless steel can vary greatly. Here we take the approximate price of 1mm thickness stainless steel substrate on a certain day as an example: grade 430 stainless steel hovers around USD 1,160 per ton, and 201 is about 1,220 dollars per ton. Higher grade 304 is about $2,350 USD while 316 is about $3,750 dollars. Obviously, a single grade difference may lead to a price gap of nearly 50%. This kind of substitution between grades is basically invisible to the naked eye, it can only be detected by sending samples to a testing agency for inspection, but the loss it will cause you is inestimable.
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