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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.
MRC Global’s Projects team adds value through our project execution expertise, global sourcing capabilities, comprehensive products and commercial strength to deliver your project’s unique solution
MRC Global is the chemical industry's source for a complete range of PVF products in carbon steel, stainless steel and special alloys.
Andrew R. Lane
Chairman, President & CEO
Andrew R. Lane has served as our president and chief executive officer since September 2008 and our chairman of the Board since December 2009. He has also served as a director of MRC Global Inc. since September 2008.
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MRC's market-focused magazine, InSight, is published bi-annually for our customers and features product lead times, data, market sector information and price trends.
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Shale play activity continues to gain momentum in the US. With the anticipated demand for tooling as well as maintenance items and safety products trending upward, supply is expected to keep up through 2014. However, as raw material costs continue to escalate and higher labor costs are combined with tighter regulations on Chinese manufacturers, upward pressure on production costs is expected to cause increases of 5% to 7% in 2014.
Steel pricing remains stable and is not expected to impact the prices of oilfield products such as unions, flow controls, sucker rods, pump jacks, tanks and other production equipment. However, increased transportation, healthcare and labor costs are likely to result in higher pricing this year. Lead times are currently in line with demand and MRC Global expects this to remain the case through 2014.
Inventory and lead times should remain stable for fiberglass pipe and fittings in the first half of 2014. At present, fiberglass pipe requirements are not expected to grow significantly - a result of the emergent number of completed gathering fields and the prevailing transition from single well pads to multi-well pads. However, an expanding interest in faster, easier-to-install, spoolable fiberglass products has motivated MRC Global to bolster regional product offerings to satisfy customer requests.
Demand for high density polyethylene pipe (HDPE) continues to be strong and is expected to increase as spring arrives in the US. Resin prices saw recent increases of 4% with another 5% to 6% in the coming months. While traditional applications for HDPE remain strong, especially in Oklahoma and the Permian Basin, increased demand from gas utilities may put pressure on deliveries down the road. Currently, lead times for small and large diameters are running at 2 to 6 week range. HDPE fittings, flange adapters and the associated backup rings are in plentiful supply and can be pulled from stock in most cases.
Copyright © 2015 MRC Global - This information is confidential and was prepared by MRC Global for the use of our customers; it is not to be reproduced nor relied on by any third party without MRC Global's prior written consent. Unless otherwise noted, all monetary references in InSight are in USD.
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