MRC’s net falls despite rise in line pipe sales
Nov 01, 2013 | 04:59 PM
| Thorsten Schier
NEW YORK MRC Global Inc.s third-quarter net income fell 30.2 percent year on year even as its line pipe sales volumes jumped significantly.
"During the third quarter we sold the largest volume of carbon line pipe from stock in the companys history," chairman, president and chief executive officer Andrew R. Lane said during the Houston-based companys third-quarter earnings conference call.....
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