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Looking for a powerful magnet to lift and move heavy steel objects with ease? Look no further than the Lifting Magnet 5000 lb Cap from Mag-Mate! This high-strength rare earth magnet boasts a 3:1 design factor, making it perfect for handling steel plates, billets, blocks, and containers. The on/off magnet with locking system ensures that the magnet is always ready to use and reduces the chance of dropping a load due to a power failure. The 16-1/2 inch length makes it suitable for flat or round surfaces, and its RFID enabled design provides added convenience. With a max rated flat capacity of 5000 lb and max rated round capacity of 2500 lb, the Lifting Magnet is an essential tool for any industrial setting. Improve safety, efficiency, and productivity with this reliable and powerful magnet from Mag-Mate!