These Magnet Assemblies have small loop on top to attach small items. The Ferrite/Ceramic Magnet is affixed inside a robust steel housing, and is designed to be used in applications that need an economical magnet that isn’t too strong. Often also referred to as POT magnets or CUP Magnets, due to the way they are assembled. The outward facing side of the Neodymium Magnet has a polarity that faces North, and due to the magnetically conductive nature of the steel cup, it causes the outer portion of the steel cup to have a South facing pole. Protective rubber boots are also available for further protection, and anti-slip properties.