On August 14-16, 2020, 16th Steel Development Strategy Conference, hosted by SteelHome, was successfully held in Shanghai Tower. Around 800 delegates from governments, associations, steel mills, miners, traders, research institutes attended the one of biggest events in China steel industry.

9th International Raw Materials Supply Chain Summit, 10th Coal & Coke Development Strategy Conference, 8th China Commodities E-Commerce Summit and 2020 SteelHome Summer Report were simultaneously held.

On August 15, Chen Guangling, president of Youfa Steel Pipe Group delivered a speech.

Chen Guangling, president of Youfa Steel Pipe Group

Summary of speeches

The year of 2020 marks the 20th anniversary of the establishment of Youfa Steel Pipe Group. The total output of steel pipes of the whole group will exceed 18 million tons, topping in China for 14 consecutive years. In the past 20 years, Youfa Steel Pipe adheres to three principles and philosophies. First, there would be no competitive advantage without the scale of production and sales; second, there would be no profit growth without management improvement; and third, there would be no sustainable development without a long-term plan.

The company continued to develop and produce new product categories. On July 1, 2020, Youfa Steel Pipe Group’s stainless steel pipe project officially went into production, symbolizing its formal entrance into the stainless steel welded pipe industry, and began to expand its pipe fitting business. In the second half of the year, a new scaffolding pipe project with a scale of 2 million tons will be launched in Tangshan area.