What are the circular discs people use on components?


I often see these Circular metallic discs people place on their components. What are they and what are they supposed to do? Are they magnets attempting to reduce noise and are these really necessary? 

emergingsoul

Damping plates. Several companies make them, including HRS and Artesenia. Supposed to damp resonance in the chassis. Years ago people put bricks on their components supposedly to make things sound better. Never tried them myself, so I have no opinion on their effectiveness or lack thereof.  Probably a few people around here using them, so you’ll likely get some input. 

are these really necessary?

Yes. They are very necessary. Buy as many as you can afford.