I think he means it will stick to a magnet.
If it was really "magnetic", it would have stuck to just about everything in the block, and most likely wouldn't be stirred up when new oil was poured in. If any part of the screen or pickup was steel, that's where it would be.
If, in real life, that metal chunk looked like the machined piece of steel that it appears to be (in your zoomed in photo, on my iPhone display) - I myself would really want to know where it came from.
But it looks really small, it may be that i think i see tithings that aren't there... I don't want to be pessimistic.....
Rocky
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