"Magnet and Steel" is a hit single written and performed by American musician Walter Egan, released in March 1978. It was the first and biggest hit on Egan's second solo LP, Not Shy. It reached number eight on the U.S. Billboard Hot 100 and number nine in Canada. It spent 22 weeks on the American charts.
Stevie Nicks and Lindsey Buckingham, members of Fleetwood Mac, sang background vocals along with several others; Buckingham was also one of the song's producers, along with Egan and Richard Dashut. Nicks was also Egan's inspiration for the song.[3]
Egan and Donna Loren recorded a duet of the song in 2011. Loren released it on her YouTube channel 8 April 2025 to coincide with Egan's appearance on her podcast, Love's A Secret Weapon.[4] The song was also featured on Keith Urban's 2026 album, Flow State.[5]