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In the first quarter of 2026, China's foreign trade of alloy pipes will have a good start, achieving a simultaneous increase in quantity and price, structural optimization, and high-end development as the core engine driving export growth under the overall pressure of global steel exports.

1、 Core data performance

The export volume of alloy steel pipes in January and February increased by 11.7% year-on-year, significantly higher than the overall export level of steel

The export proportion of high value-added special alloy pipes (duplex steel, nickel based alloys, heat-resistant alloy pipes) has increased to 48%

The average export price increased by 7.2% year-on-year, and the added value of products continued to rise

Top enterprises' orders are scheduled for production until May, with Shandong, Jiangsu, Tianjin and other industrial clusters leading the export growth rate

2、 Core drivers of growth

High end product structure

The export growth rate of ordinary alloy pipes has slowed down, and special alloy pipes for nuclear power, hydrogen energy, oil and gas, and supercritical power generation have become the main growth categories, with a unit price of 3-20 times that of ordinary pipes, effectively hedging the competition pressure in the low-end market.

Diversified market structure

Countries along the "the Belt and Road" have become the main increment, with strong demand in Southeast Asia, the Middle East and Central Asia

Middle East energy projects, Southeast Asian new energy and infrastructure upgrades drive explosive demand for high corrosion resistant and high pressure pipes

The RCEP dividend continues to be released, and the facilitation of trade within the region drives the acceleration of exports

Technical and compliance advantages

Enterprises generally pass international certifications such as ASME, PED, API, etc., meeting the requirements for high-end market access

Low carbon smelting, precision rolling technology popularization, carbon footprint certification helps break through green barriers such as EU CBAM

The localization rate of domestically produced high-end alloy pipes has increased, replacing imports and expanding globally

3、 Industry Trends and Prospects

The high export growth in the first quarter confirms that China's alloy tube industry is shifting from "scale going global" to "quality going global". It is expected that in the second quarter, with the resumption of overseas projects and the release of domestic production capacity, exports will maintain steady growth; High end, green, and customized will become the long-term competitive mainline, and demand in the fields of new energy and energy equipment will continue to be released.