Awhile back I was in the process of glueing pen blanks and needed to make more of these shop hangers so I stopped what I was doing and got one of my metal benders off the shelf to make these. I use these to hang up every type of project you can imagine but most of the time they are a good way to hang up metal parts for painting. I can replace the magnets with spring clamps or hang items direct from the lower hook if it fits. The magnets were salvaged from old computer hard drives.
These are made from 1/4" round stock so they are very cheap to make and they are indispensable in my shop.