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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.

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 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.

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.

Combined with the impact of the Spring Festival holiday, activity on both the supply and demand sides of the market is expected to decline temporarily. It is projected that the domestic steel market in February will likely experience a narrow-range fluctuation.