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
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MRC Global is the chemical industry's source for a complete range of PVF products in carbon steel, stainless steel and special alloys.
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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.
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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.
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Welcome to the latest edition of InSight, our long-standing publication that delivers product lead times, pricing trends, raw material data and global commentary on market conditions for pipe, valves and fittings (PVF) products.
Since our last publication in November 2021, our industry – in fact, our world – has faced one challenge after another. The global supply chain continues to buckle under the strain of the ongoing COVID-19 pandemic, inflation and geopolitical conflict. Lockdowns in key markets, labor shortages, raw material availability, production delays and transportation bottlenecks have resulted in extended lead times and pricing challenges for nearly all PVF product groups.
The aftershock from Russia’s invasion of Ukraine and the embargoes that followed have created unprecedented volatility across the entire PVF supply chain. These two countries are significant producers of many raw materials, including copper, nickel, molybdenum and natural gas. As you will read in the following sections, the throttling of supply has spiked the price of carbon steel, as well as many stainless and high nickel alloy products. Navigating through this turbulent market has been challenging. At MRC Global, our teams continue to work closely with our suppliers, leveraging our scale and relationships to mitigate as much of this pressure as possible for our customers.
Despite continued supply chain disruptions, the industries we support are experiencing an uptick in activity. Well completion activity is on the rise, which will create the need for additional pipeline infrastructure. Gas utilities remain busy with integrity projects, and we anticipate incremental activity will result from the new pipeline safety requirements that the Pipeline and Hazardous Materials Safety Administration (PHMSA)* issued. The drive for renewables and lower carbon fuels has shifted industry trends to energy transition projects and decarbonization efforts, including biofuel conversions, hydrogen, carbon capture, utilization and storage (CCUS), wind and solar. MRC Global has the inventory position and technical expertise to support this growth and to help our customers successfully maintain their supply chains despite market volatility.
As we move forward together through this demanding market, proper planning will be critical. Whether developing internal project timelines or bringing a product to market, we encourage customers to engage our team of experts early and often for optimum results. Our mission is strong: to deliver superior service to our customers around the world and provide innovative supply solutions to enhance our customers’ operations. We are grateful for the confidence that our customers place in us so that they can focus on their core businesses. We are proud to be the experts you can trust.
Pricing and lead time information contained in this publication is current as of June 30, 2022. It is difficult to predict market changes, lead times and pricing trends in such a volatile and inflationary market; however, MRC Global remains vigilant and can provide requested updates to our customers as information is available.
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