I have already bought this product few months back and just loved it. Its a great rescuer fo renters. I live in a rental apartment where nailing is strictly prohibited. I use these magnetic hooks almost in every rroom. They do amazing job in holding handbags, keys, kitchen gadgets and utensils. So far I have hung almost 4lb items on these hooks. They hold very well. Many times water have spilled on hooks I use in kitchen. NO rust formation. I would 100% recommend this item to everyone.