SUPPLIER BLACKLIST

Permanent Steel Manufacturing Co Ltd

Permanent Steel Manufacturing Co Ltd

Have you been doing research on Permanent Steel Manufacturing Co Ltd located in China that sells Seamless Pipes? If so, read on below to read one buyer’s experience when trying to buy Seamless Pipes.

At the bottom of this page, you will find helpful links to find out more information about this company here on SupplierBlacklist.com as well as across the web using Google.

Permanent Steel Manufacturing Co Ltd

Buyer’s Nationality:
Russia

Seller:
Permanent Steel Manufacturing Co Ltd

Seller Website:
www.permanentsteel.com

Seller Address:
Lugu Avenue, Hi-Tech Industrial Development Zone, Changsha, 410205, China

Initial contact with the supplier:
Online Supplier Directory

Type of product(s) being purchased:
Seamless Pipes

Value of the Purchase Order when the incident occurred:
25,001 to 100,000 USD

Destination market of order in question:
China

Type of Complaint(s):
Missed Lead Times, Contract Violations, Scams & Other Unethical Activities

Stage of relationship with the supplier at the time of the incident:
Order #2

User Experience:
Signed contract 19th January 2021 with strict conditions for leading time for seamless pipe supply – 25th March and with strict cost.

20th January supplier sent us both sides signed contract, 21st January we paid 30% prepayment and sent them swiftly.

They said – ok thank you.

3rd March after CNY the came and said we could not produce because the raw material cost was grown up highly, we said – ok, no problem, make the prepayment refund, it was 3-4 march. Every day they asked me to produce for the new cost which is 30% more than earlier and don’t want to refund as they already paid to raw material plant. We have no relations with raw material plants and not depend on them. There are no conditions at the contract if the cost for raw material rises the final price could be reviewed, this is why we asked for a refund.

Today 25th March and they still not refund, every day new stupid excuses and asks to save that money for future orders, but we won’t place any orders to them. We will apply the claim to CIETAC.

User Recommendations:
Don’t pay prepayment, strict contract conditions with Chinese companies, avoid of cheaters


Next Steps, Take Action

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5 comments on “Permanent Steel Manufacturing Co Ltd

  1. Yes, even I have same experience with this company, In October 2020 we placed the order for Super Duplex 32760 grade pipes from Dubai, UAE for which they agreed delivery within 7 days after getting advance they informed us raw material is not available it will take about 30-45 days to get raw material and another 30 days for manufacturing plus 30 days for sailing, this was not acceptable to us as we promised our client maximum 40 days delivery, So we asked them to return our money then they said they cannot return the money to us as they have already paid advance to the raw material supplier which is completely against our agreed terms which they have signed, stamped. Then I tried speaking to her manager Francisco Fan, Wendy Wong who were all hand in glove in the scam, So far they have not returned our money and they are saying that they will adjust this advance in the next order with them. So guys be careful about this company & the people. never do business with them.

  2. Dear buyer,could you please share with me whether you success to claim back your deposit after you report to CIETAC? Because I facing the same problem with you..very bad…

      1. just one month ago we fall in the same trap,

        They met the prices with zero technical derivation and took our advance money and later increased the price and it seems like they only want the deposit amount and showcasing they will complete the job. But its all scam.
        okasana Vorobiova and others have you been able to catch these culprits and able to get your amount back?

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