The answer is that it depends on the hardware. Stainless steel is not a pure magnetic metal, it's a catch all name of sorts for a steel alloy that is mixed with other metals. These other metals help to give it the characteristics that make it such a great alloy, like corrosion resistance. Usually it's the amount of one of these metals, chromium, that will give the stainless steel magnetic properties. Depending on the amount of chromium in the stainless steel alloy, it may or may not be magnetic. We use durable stainless steel hardware from a few different suppliers depending on the item, so some of our stainless steel has more chromium in it than others. Therefore, some of the hardware may be magnetic, but not all of it.