MRC Global’s 2013 third-quarter results show the company’s sales of $1.31 billion in that timeframe decreased 9.5% from $1.45 billion in the third quarter of 2012
MRC Global’s 2013 third-quarter results show the company’s sales of $1.31 billion in that timeframe decreased 9.5% from $1.45 billion in the third quarter of 2012 due, in part, to a planned reduction in the company’s lower margin oil country tubular goods business. OCTG represented 8.0% of sales in the third quarter of 2013 compared to 12.8% of sales in the third quarter of 2012.