2025-11-17
Joining forces to scale new heights in the industry, Youfa Group is invited to attend the 30th Anniversary Launch Conference of Lange Steel Network.
From November 14 to 16, the 21st China Steel Industry Chain Summit, themed "Join Hands to Break Internal Competition—Collaborate for Shared Growth," and the launch event marking Langge Steel's 30th anniversary, kicked off grandly at the Beijing Jiuhua Mountain International Convention & Exhibition Center. The conference was held under the guidance of the All-China Federation of Metallurgical Commerce Associations, the China Association of Metal Materials Circulation, and the Research Center for Economic Development in the Metallurgical Industry, and organized by Langge Steel Network and the Beijing Association of Metal Materials Circulation Industry.
This conference closely aligns with the pulse of industry development, focusing on the new opportunities and challenges surrounding the steel industry's goal of "reducing volume while boosting efficiency." Leading figures from the industry, including Xia Nong, Vice President of the China Iron and Steel Association, and Cai Jin, President of the China Federation of Logistics & Purchasing, will join forces with renowned economists such as Ma Guangyuan and Li Daokui—prominent academics in their fields—to deliver insightful analyses. They will explore key dimensions—including industrial policies, green transformation, supply chain collaboration, and macroeconomic trends—offering a comprehensive roadmap for over 3,000 elite professionals from steel industry enterprises across China to break through industry bottlenecks.
Xu Guangyou, Deputy General Manager of Youfa Group, and Han Weidong, Senior Advisor, were invited to attend this grand event, where they joined industry representatives from steel enterprises across the country to discuss new industry pathways and innovative models. Xu Guangyou emphasized that Lange Steel Network, as a witness to the growth of China's steel industry, has fully leveraged its role as a vital bridge for industry communication, making significant contributions to the sector's shared prosperity and sustainable development.
He emphasized that, as an important strategic partner of Lange Steel Network, Youfa Group has been engaging in deep cooperation with Lange Steel Network across multiple fields, fostering a strong and lasting friendship between the two sides. Looking ahead, Youfa Group will continue to collaborate closely with Lange Steel Network, leveraging digital tools such as the EBC system to enhance operational efficiency, turning data into the "navigator" for production and business operations, and making digitalization and intelligent technologies the new allies that help companies break through the challenges of "involution."
He also stated that Youfa Group will fully leverage its role as a national manufacturing champion, setting an exemplary and leading example to drive industry transformation. By fostering innovation and pursuing win-win collaboration, the company aims to break through the "involution" plaguing the sector, steadily advancing the expansion of its production capacity while continuously making breakthroughs into high-value-added areas—thus maintaining its position as a key driver of the industry's healthy development. His remarks resonated deeply with the guests in attendance, prompting frequent bursts of enthusiastic applause throughout the venue.
Xu Guangyou, Deputy General Manager of Youfa Group
Meanwhile, Han Weidong, Senior Advisor of Youfa Group, also delivered an insightful analysis on the current state of the steel market, a topic of widespread interest among the attendees. He noted that the steel industry is now entering a new era, with 2025 quietly emerging as a critical turning point for the sector. In that year, both total steel demand and overall production reached an inflection point, while supply and demand dynamics for steel and coal began to show signs of reversal. Driven by a confluence of factors—including the ongoing新一轮 supply-side reform and the shifting balance between old and new international trade orders—the entire industry is poised to embrace a completely transformed landscape.
Faced with this situation, he advised that companies across the industry chain must proactively shift their production and business models, establishing a new, full-chain supply network. In the wave of "countering involution," they should build a fresh order and actively engage in the financialization of their industries, continuously expanding their room for survival.
Regarding the market trend in the later period, he stated that prices this winter and spring will likely fluctuate, while in the second half of next year, close attention should be paid to how supply-side reforms progress. Meanwhile, on the topic of winter stockpiling—a subject of widespread concern—he emphasized that the key is to monitor price volatility and to act within one's means.
Han Weidong, Senior Advisor of Youfa Group
In addition, the conference will also host several specialized sub-forums and supply-demand matchmaking events, building a robust bridge for in-depth collaboration between upstream and downstream enterprises in the steel industry, and injecting sustained momentum into the sector's development.
Experts say the city—November 17
2025-11-17
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