Natural Resources >> Analyst Interviews >> May 2, 2005
WAYNE ATWELL is a Managing Director who joined Morgan Stanley in 1991.
He covers the nonferrous metals, mining and steel. He has been ranked in
the Institutional Investor All-America Research Team poll every year for
the past 15 years, with a number one ranking in 1999. Prior to joining
the firm, he was a Vice President at Goldman Sachs, President of Atwell
& Co., Vice President/Partner at Davis Skaggs, and a Senior Metals
Analyst at Merrill Lynch. He received a BS in Mineral Economics from
Pennsylvania State University and an MBA in Finance from New York
University Stern School of Business. He holds the Chartered Financial
Analyst designation and is a past President of the New York Steel
Analyst Society. Profile
TWST: What's going on in the steel industry at this point?Mr. Atwell: There are a lot of crosscurrents in steel right now.
Underlying demand is relatively firm, but there is