I think I may have misunderstood what you meant by "magnetised", my apologies, so I double checked and a fridge magnet will stick to it lightly, so I'm not sure about the grade of steel, but by comparison the same fridge magnet stuck to my Sedef slightly more, and I don't think there are complaints about Sedefs rusting. Regardless of corrosion resistance, the steel they've used for the Kiepe is fairly thin and pretty soft and easily bent by hand, a Universal it ain't. I wasn't that happy about that when it arrived, I also bought two and one was unusably bent in the package and wouldn't hold a blade so I had to get a refund. I've seen vintage models of basically same design from a different brand that look like they're made from aluminium, so potentially that's what the design originally had in mind.Thank you very much, this is very important! It means that the razor is probably made of stainless alloy, which will not rust.)
For a shavette that is constantly in contact with water, this is very good!![]()