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The stainless steel magnetic parts dish is the end of chasing nuts, bolts, and other ferrous parts across the workshop floor.
A magnet on the base of the dish adheres the dish securely to any ferrous surface, making it far more difficult to nudge off the shelf and send the contents flying.
The magnet base is rubberised, preventing any sharp corners that could mark the surface, while also providing more grip if placed on a non-ferrous surface.