India Rules Tata Steel, SKF, Schaeffler Units Colluded On Bearings Prices
- Jun 06, 2020-
India's antitrust body has ruled that units of Sweden's AB SKF, Germany's Schaeffler AG and Tata Steel Ltd.alang with local firm National Engineering Industries, are quilty of colluding and fixing prices of vehicle balllbearingsThe Competition Commission of India (CCl) began a probe into the matter in 2017 after receiving information that the entities had been colluding on bearings prices from 2009-2014. to pass on higher raw material costs to customers in the auto sector.In an order issued last Fridav. the CCl said it holds NEl. Schaefler. SKF and Tata Bearing auilty ofl contravening the country's antitrust laws. However. it added that it had decided not to impose a penalty.saying the ends of justice would be met if the parties cease such cartel behavior and desist from indulging init.t was reported last year that CCl's investigations arm concluded that SKF India. Schaeffler India, Tata Steel's bearings unit and National Engineering Industries had contravened antitrust law by discussing and agreeing prices.
Packaging and delivering
|Q1. Can I have a sample order for stainless steel welded pipe tube products? |
A: Yes, we welcome sample order to test and check quality. Mixed samples are acceptable.
Q2. What about the lead time?
A:Sample needs 3-5 days;
Q3. How do you ship the goods and how long does it take to arrive?
A: We usually ship by DHL, UPS, FedEx or TNT. It usually takes 3-5 days to arrive. Airline and sea shipping also optional. For mass products, ship freight is prefered.
Q4: How to ensure the quality?
A:Mill Test Certificate is supplied with shipment. If needed, a Third Party Inspection is acceptable or SGS
Q5: Are you factory/manufacturer?
A: Yes, we’re manufacturer specializing in producing welded stainless steel pipes/tubes.
Q6: Do you have products in stock?
A: Yes. We have stainless steel tubes in different sizes in stock. So do other accessories.