Demag Cranes & Components [India] Private Limited manufactures Circular Magnets. Demag Cranes & Components [India] Private Limited is an ISO 9001 certified company. The circular magnets feature high load capacities with compact dimensions. The magnet casing consists of steel of high permeability. The coil in the magnet casing is wound with copper varnished wire and fully encapsulated. Load capacities of Circular Magnets are up to 1400 kg are possible with a safety factor of 2. These Circular Magnets are suitable for holding and transporting small sheet metal parts and iron or tool parts as well as for handling pig and cast iron and other scrap, small parts, nuts and bolts.