Year: <span>2025</span>
Year: 2025

Unveiling the Common Characteristics of Chinese Steel Suppliers’ Fraud

Fraud in the Chinese steel industry is on the rise, with suppliers using tactics like low-price traps, offshore accounts, and Non-Resident Accounts (NRA) to deceive international buyers, but by conducting thorough checks, securing payment methods, and maintaining vigilance, buyers can protect themselves from these scams.