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ASA Member News: MRC Global releases Q2 sales results

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ASA Member News: MRC Global releases Q2 sales results Industrial PVF distributor MRC Global reports sales for Q2 2020 were $602 million, which was 24% lower than the first quarter of 2020 and 39% lower than the second quarter of 2019. MRC noted the sequential decline was across all segments and sectors, except gas utilities, which was up $3 million. MRC added as compared to the second quarter of 2019, the decrease was across all sectors and segments as the impact of the COVID-19 pandemic and lower commodity prices significantly reduced customer spending. READ MORE

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