MRC Global provides a broad range of valves that are available in a wide variety of materials from today’s leading valve manufacturers to fully meet even the most complex and unique requirements.
The MRC Global Projects team adds value through our project execution expertise, global sourcing capabilities, comprehensive products and commercial strength to deliver your project’s unique solution
Downstream, Industrial & Energy Transition
MRC Global is the chemical industry's source for a complete range of PVF products in carbon steel, stainless steel and special alloys.
President & CEO
Rob Saltiel has served as our president and chief executive officer since March 2021. He has also served as a director of MRC Global Inc. since March 2021.
Career Seekers Menu
Our People. Our Benefits. Our Opportunities. Our Stability. Our Heart. Our Future.
MRC Global InSight
MRC Global's magazine, InSight, is published bi-annually for our customers and features product lead times, data, sector information and price trends.
Contact MRC Global
Demand for PE pipe and fittings has shown continued strength since the end of 2021. Resin manufacturers have caught up, alleviating raw material shortage issues. However, new PE pipe capacity is slow to come online and has yet to catch up with the ever-increasing demand. New entrants to gas pipe manufacturing have helped to increase overall capacity, but unprecedented demand has kept pipe mills from working down the backlog, and lead times remain long. Tightness in the labor markets and access to delivery trucks continue to keep mills producing below peak efficiency. Demand from gas utilities is anticipated to strengthen into 2023, which will counter any efforts from pipe mills to stabilize price and lead time.
Riser lead times have extended considerably since 2021, primarily due to lack of access to component parts used in riser manufacturing. Many riser designs call for a pre-installed meter valve on the outlet. Valve castings are primarily sourced from international manufacturers, which have led to considerable delays in receiving critical material due to geopolitical factors. Long lead times for PE pipe, used in the production of risers, have plagued fabricators as they pivot and work to secure pipe.
Similar to risers, demand for meter sets has increased significantly through the first half of 2022. Access to component material continues to hinder the ability of fabricators to operate at peak capacity. Regulator availability is critical to the timely completion of meter set assemblies, and with the current lag in the accessibility of regulators, meter set lead times remain strained.
In addition to delays caused by the rippling effect of COVID-19, continued integrity work in the form of meter replacement projects is driving meter demand. The exit of one of the three major meter manufacturers from the residential diaphragm meter sector has been fully realized, positioning the demand onto the remaining two and pushing lead times to new highs. A move to smart meters and ultrasonic metering technology will become critical for utilities to maintain supply of this commodity, although the global microchip shortage continues to hinder automated meter reading (AMR) device production.
In early 2022, the market experienced a significant increase in meter pricing. As a result, we anticipate manufacturers will hold prices flat through 2022. Continued volatility in the broader economy could drive manufacturers to announce further increases at some point in 2023.
Component availability from China and other overseas markets continues to plague regulator manufacturers. Extremely long lead times and inconsistent deliveries are making it difficult for end users to plan effectively and complete routine work. Access to containers shipping from China and a backlog at major Chinese shipping ports have added to the delays.
Copper price continues to trade at levels well above $4.00/lb, creating upward pressure on the price of tracer wire. Capacity remains stable and supply is consistent, but prices are anticipated to show strength with broader economic development.
Connect with us
Choose from the following literature: