For speaker stands, it is not that critical, but for component stands, using a non-magnetic material would be a better choice. Magnetic steel has caused some strange reactions for me with my VAC 30/30 Mk. V Signature tube amp.
I purchased an attractive, manufactured steel posted stand
a while ago, and after placing my amp on the bottom shelf and listening to the system, I was shocked to hear how horrible things sounded. I had changed nothing but the stand, and it suddenly sounded worse than I could ever imagine...VERY muddy and ill-defined! I had to re-assure what I was hearing was real, so I invited several others to confirm...They agreed it sounded horrible. I then removed the rack and tried again. Back to normal like it should be!
To be on the safe side, use stainless steel, aluminum, or wood for your support pillars on stands, especially if they are close to the transformers.
I purchased an attractive, manufactured steel posted stand
a while ago, and after placing my amp on the bottom shelf and listening to the system, I was shocked to hear how horrible things sounded. I had changed nothing but the stand, and it suddenly sounded worse than I could ever imagine...VERY muddy and ill-defined! I had to re-assure what I was hearing was real, so I invited several others to confirm...They agreed it sounded horrible. I then removed the rack and tried again. Back to normal like it should be!
To be on the safe side, use stainless steel, aluminum, or wood for your support pillars on stands, especially if they are close to the transformers.