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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.

According to the 2025 Green Manufacturing List released by the Ministry of Industry and Information Technology, several factories under Youfa Group were selected as national-level green factories, further expanding the group's green development footprint. This signifies that Youfa Group's green manufacturing system is becoming increasingly, and it continues to lead the industry on the path of green development.

The domestic steel market in March is expected to remain under pressure, though there may be opportunities for periodic rebounds.

Tianjin Youfa has exhibited steel pipe and scaffolding at BUDMA 2026 in Poznań, presenting galvanized steel pipe, black steel pipe, square steel pipe and scaffolding systems for the European construction market.

On December 2, the "Conference on Promoting Cooperation of the Ma’anshan Intelligent Construction Industry Alliance and the Industrial Chain & Supply Chain Development of China MCC17" was successfully held. Hosted by China MCC17 Group, the event brought together key industry representatives. Youfa Group was invited to attend and signed a strategic cooperation agreement with China MCC17 Group, marking a new stage in the integrated development of the "steel pipe + construction" industries.

Youfa Group signed Strategic Cooperation Framework Agreement with China Credit Investment Construction Group. In the future, Youfa Group will fully integrate its core advantages in the fields of steel pipe production and manufacturing, optimal allocation of industrial chain resources, etc., complement the strength of China Credit Investment Construction Group in the field of construction, build a long-term and stable long-term cooperation mechanism.

On 5th February, the Ministry of Industry and Information Technology released the public list of green factories and green industrial parks (2025), with Handan Youfa Steel Pipe Co., Ltd. and Jiangsu Youfa Steel Pipe Co., Ltd. successfully selected. This marks the addition of new members to the national-level green factory camp of the Youfa Group.

The newly launched Special-shaped Flange Lined Plastic Composite Pipes for Agricultural Irrigation by Tianjin Youfa Pipeline Technology Co., Ltd. has been developed exclusively for modern agricultural irrigation scenarios. It accurately addresses the pain points of traditional agricultural irrigation pipes, such as poor corrosion resistance, complicated installation and low water delivery efficiency, injecting new impetus into the upgrading of agricultural water conservancy infrastructure.