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August steel PMI rose to 47.4%, continuing recovery but still sub-50. Sept "Golden September" peak season: demand recovers month-on-month with limited upside, supply flexible, cost support firm. Prices oscillate higher but gains capped. Infrastructure and manufacturing pick up as rainy season ends; real estate remains weak, capping long-steel demand. Supply contraction from Aug maintenance offers floor, but price rebound may trigger restarts. Plate outperforms longs.

July steel PMI rose to 46.1% but stayed sub-50. Aug off-season: weak demand, supply cuts, softening costs. Plate outperforms longs. Early heat/rain curb construction; manufacturing supports flats. Late-month rebound possible as seasonal drag eases.

From June 25 to 28, 2026, the 37th Philippine International Construction and Building Materials Exhibition (PHILCONSTRUCT Manila) was grandly held in Manila. Youfa Group showcased its core products at Booth A01-3, demonstrating the strength and presence of a leading Chinese steel pipe manufacturer.

Youfa Group made successive appearances at BATIMATEC 2026 in Algiers and Buildexpo Kenya 2026 in Nairobi, showcasing its steel pipe products across North and East Africa. Youfa Steel Pipe Group engaged with buyers, contractors, and industry professionals from many countries, reinforcing its commitment to the African market and promoting "Made in China" in the continent's infrastructure boom.

In June 2026, the steel circulation PMI index dropped to 45.8%, a decrease of 2.2 percentage points from the previous month, continuing to decline within the contraction range. The steel market in July will experience an off-season for traditional demand, with a phased contraction in supply and cost forming a bottom-supporting scenario. The domestic steel market is expected to continue its fluctuating decline.

On 6th May, The receipt of the Chinese Red Cross Dedication Medal signifies that Youfa Group has once again gained authoritative recognition in actively fulfilling social responsibilities, giving back to society, and promoting humanitarian spirit.

In May 2026, the steel circulation PMI index dropped to 48.0%, a decrease of 3.2 percentage points from the previous month, entering a contraction zone, indicating that the domestic steel market has officially entered the traditional off-season and there is significant downward pressure on prices.

China's steel circulation PMI fell to 51.2% in April 2026, down 2.2 points, signaling weaker peak season. In May, post-holiday restocking and faster infrastructure funding will boost construction steel demand. Manufacturing resilience supports hot-rolled coil. Supply-side release is limited, easing tensions. Firm iron ore and a third round of coke price hikes provide cost support. The steel market is expected to trade in a range-bound pattern.

On May 6, 2026, Youfa Group held a ceremony for its F700 ERW pipe mill and DN4220 spiral pipe coating line in Liyang, China. With the official launch of the F700 ERW pipe mill and the DN4220 ultra-large diameter spiral pipe and anti-corrosion production line, Jiangsu Youfa has now entered a new stage of global leadership in the welded pipe industry.

During the Spring Canton Fair, Youfa Steel Pipe Group showcased a wide range of high-quality products, including galvanized steel pipes, black carbon steel pipes, square and rectangular steel pipes, as well as scaffolding materials.

Tianjin Youfa International Trade Co., Ltd. is in Sydney Build 2026, held on April 29–30 at the International Convention Centre Sydney. As Australia's largest construction event, it attracts thousands of industry professionals and exhibitors. Youfa Group will showcase its advanced scaffolding systems, including ringlock scaffolding, steel planks, and accessories, highlighting product quality and innovation.

Tianjin Youfa Steel Pipe Group will participate in Tube & Wire 2026, one of the world's leading trade fairs for the tube, wire, and related industries. The exhibition has been held at Messe Düsseldorf, bringing together global industry leaders, manufacturers, and professional buyers from across the European and international markets.

In March 2026, the Steel Circulation PMI jointly released by the China Metal Materials Circulation Association and Lange Steel stood at 53.4%, up 5.4 percentage points from the previous month. The index rebounded rapidly into the expansion range, indicating a significant improvement in activity within the steel circulation market.

March 2–5, 2026 – NEFTEGAZ 2026 concluded successfully in Moscow. As a global leader in the welded steel pipe industry, Youfa Group made a significant impact by showcasing its comprehensive range of oil and gas transmission pipeline products. The company engaged deeply with the Russian and Eastern European energy industry chains, demonstrating high-quality products and professional services, and officially signaling its commitment to expand into the Russian oil and gas market.