LME nickel has been in a correction trend since last week and has dropped to around 12,000 points. It pays attention to the supporting status of the pass. At the same time, the stainless steel market also saw a correction, with relatively obvious resistance to high-level transactions and a temporary wait-and-see atmosphere. In addition, the scrap market recovered calm after the pullback. At present, the buyer's price reduction and the holding of goods for resale are deadlocked, and the market tends to be stable. In terms of the above, the market has reached its peak in stages. The callback is the release of risks. Although the outlook is bullish, it cannot catch up for the time being.