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.
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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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Market activity is continuing to pick up across our international segment. The increase in energy prices caused by the Russia-Ukrainian conflict and other global inflationary drivers has revived a number of projects and delayed turnarounds. As these projects move forward, we expect to see increased customer construction activity in the second half of 2022.
As many companies move towards carbon neutrality, we are seeing an uptick in the number of upstream and energy transition projects being sanctioned, especially in Europe. The independent oil companies (IOCs) are leading this effort, supported by government initiatives to reduce dependency on imported fossil fuels. In the upstream sector, project and MRO activity continues to grow in both the UK and Norwegian sectors of the North Sea. In the energy transition space, investments in the biofuel segment remain high, while offshore wind project activity is expected to increase in the second half of the year.
Prices across PVF product groups from both the European and Far East suppliers appear to have peaked after continued price hikes experienced during the first half of 2022. Ocean freight costs from the Far East to Oceania and Europe have shown first signs of modest decline, although they are still far above pre-COVID-19 levels. As the leading PVF distributor, we continue to play a pivotal role for our customers by creating price stability with our expanded inventories.
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