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Prestressed Steel Cables from China Face Anti-Dumping Taxes – CCN Partners with Boxing Victory Metal Materials Co., Ltd., the Factory with the Lowest Tax Rate
CCN partners with Boxing Victory Metal Materials Co., Ltd., a Chinese factory facing the lowest anti-dumping tax rate (10.48%) under Decision No. 143/QD-BCT dated January 14, 2025, from the Ministry of Industry and Trade. This enables CCN to supply high-quality prestressed steel cables at competitive prices, meeting Vietnam’s construction needs. The products meet technical standards, ideal for key infrastructure projects.
On January 14, 2025, the Ministry of Industry and Trade of Vietnam issued Decision No. 143/QD-BCT, officially imposing anti-dumping duties on prestressed steel cable products imported from Malaysia, Thailand, and China. This decision, effective from January 29, 2025, aims to protect the domestic manufacturing industry from the impact of dumped imports that hinder the development of Vietnam’s steel sector.
According to the notification accompanying Decision No. 143/QD-BCT, prestressed steel cables (PC Strand) originating from China are subject to anti-dumping duties ranging from 10.48% to 28%. Most Chinese enterprises, including Tianjin Dalu Steel Strand For Prestressed Co., Ltd, Guangxi Free Trade Zone Baochang Lianda New Material Co., Ltd, and Henan Hengxing PC Steel Product Co., Ltd, face the highest tax rate of 28%. This is a strong measure by Vietnam to ensure a fair competitive environment for domestic producers.
However, among the Chinese manufacturers, Boxing Victory Metal Materials Co., Ltd. stands out as it is subject to the lowest anti-dumping duty rate of 10.48%. This reflects the company’s compliance with international trade regulations and its ability to maintain reasonable competitive pricing, avoiding severe dumping accusations in the Vietnamese market.
CCN – A Trusted Partner of Boxing Victory Metal Materials Co., Ltd.
CCN proudly collaborates strategically with Boxing Victory Metal Materials Co., Ltd., delivering high-quality prestressed steel cables at optimized costs. Thanks to the lowest anti-dumping duty rate applied to this partner, CCN can offer competitively priced products to meet the demands of both large and small construction projects in Vietnam.
The prestressed steel cables produced by Boxing Victory Metal Materials Co., Ltd. have a nominal diameter ranging from 9.0 to 16.0 mm, made from high-carbon steel (carbon content of 0.70% or higher), uncoated with plastic, and meet stringent technical standards. Classified under HS codes 7312.10.91 and 7312.10.99, these products are suitable for various applications in bridge construction, high-rise buildings, and key infrastructure projects.
CCN’s Advantage Amid Anti-Dumping Duties
Partnering with Boxing Victory Metal Materials Co., Ltd. not only ensures a stable supply for CCN but also provides a significant cost advantage compared to suppliers facing higher tax rates. This allows CCN’s customers to save costs while maintaining product quality, contributing to the sustainable development of Vietnam’s construction industry.
Customers interested in high-quality prestressed steel cables at competitive prices are invited to contact CCN for detailed consultation and quotations. We are committed to supporting you in every project, delivering the most optimal and effective solutions!
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