Contributor: Brett Linton

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

U.S. has 222 Fewer Rigs & Canada 15 Fewer than One Year Ago

According to Baker Hughes data from March 22nd, 2013, the U.S rig count for this week is 1,746 rigs exploring for or developing oil or natural gas. This number represents a decrease of 30 rigs from last week. Compared to last year the 1,746 count is a decrease of 222 rigs. Canadian rigs decreased by […]

SMU Has HRC Spot Pricing Below Fair Value for Sixth Week

This week, the SMU Fair Value HRC (hot rolled coil) Model has spot HRC pricing below Fair Value for the sixth consecutive week after briefly rising above the Fair Value price in the week of February 8th. This is due to the SMU average spot HRC index decreasing $5 per ton last week to $610 […]

SMU MoMo Negative for Tenth Week

Utilizing a trailing average hot rolled coil (HRC) price, the SMU Price MoMo Index for flat rolled steel in the U.S. remained below zero percent this week for the tenth week after eight consecutive weeks of positive momentum readings. MoMo is based upon the current hot rolled coil price weighed against the previous 12 week […]

January Raw Steel Production Much Higher than Weekly Estimates

Written by: Brett Linton The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of January 2013. This estimation is different than the weekly raw steel production as it is based on 75 percent of the domestic mills reporting vs. 50 percent for the weekly estimates. The difference […]

AISI Raw Steel Production for 2012 Up 2.7% Over 2011

Written by: Brett Linton The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of December 2012. This estimation is different than the weekly raw steel production as it is based on 75 percent of the domestic mills reporting versus 50 percent for the weekly estimates. Total raw […]

U.S. Rig Count Decreases by 12 and Canada Increases by 70

According to Baker Hughes data from January 18th, 2013, the U.S rig count for this week is 1,749 rigs exploring for or developing oil or natural gas. This number represents a decrease of 12 rigs from last week. Compared to last year the 1,749 count is a decrease of 259 rigs. Canadian rigs increased by […]

SMU MoMo Turns Negative

Written by: Brett Linton Utilizing a trailing average hot rolled coil (HRC) price, the SMU Price MoMo Index for flat rolled steel in the U.S. fell below zero percent this week for the first week after eight consecutive weeks of positive momentum readings. MoMo is based upon the current hot rolled coil price weighed against […]

SMU MoMo at Zero

Written by: Brett Linton Utilizing a trailing average hot rolled coil (HRC) price, the SMU Price MoMo Index for flat rolled steel in the U.S. fell to exactly 0 percent this week after eight consecutive weeks of positive momentum readings. MoMo is based upon the current hot rolled coil price weighed against the previous 12 […]

November Raw Steel Production

Written by: Brett Linton The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of November 2012. This estimation is different than the weekly raw steel production as it is based on 75 percent of the domestic mills reporting vs. 50 percent for the weekly estimates. Total raw […]