The global defence industry is expected to stimulate considerable demand for nickel as the world invests in more armaments that require nickel-containing steels. “I think there's going to be a big demand side inflection coming quite quickly from the global defence industry as the world invests – and I think, unfortunately, has to invest – in more armaments that all require stainless steel and specialised steels that contain nickel for gun barrels, for armour, for ships. “I'm not seeing, yet, that it's factored into the demand side analysis much at all, but I think it's going to be big. It's going to be bigger than ... (full story)