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
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
President & CEO
Andrew R. Lane has served as our president and chief executive officer since September 2008. He has also served as a director of MRC Global Inc. since September 2008.
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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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As the global COVID-19 pandemic spread quickly through Asia and into Europe, social distancing and lockdown procedures were imposed creating widespread social and economic impacts This staggered spread of the virus created a ripple effect on the global PVF supply chain.
The impacts to supply chain followed this pattern. In the early phase of infection, China and Southeast Asia supply chains were locked down. Factories were idled and when partial production returned, transportation remained a challenge. The overall delay to lead times was in the range of four to six weeks. In the second phase of the spread of COVID-19, Europe was similarly impacted. Industry in Italy and Spain was closed or operated at a very low level, resulting in a similar 6 to 8 week delay from manufacturers in those regions. India also went into total lockdown and the impact to lead times was deeper than experienced in Europe or Asia.
Generally, production in Europe and Asia has now recovered and is close to pre-COVID-19 levels.
Demand remains low, and, therefore, available capacity is high. Pricing has not fallen for commodity products as the main component of the finished price is raw material which has not shown significant declines, but lead times have shortened overall due to weak demand.
Upstream production activities in the North Sea and the Norwegian Continental Shelf are reduced as CAPEX budgets have been cut severely. Large capital projects in the Caspian region have been delayed indefinitely. European and Asian refiners have also cut CAPEX and turnarounds have been delayed in consideration of the low oil price.
In Australia, the mining industry is a bright spot. Iron ore and gold mining are very active.
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