I haven't seen any for a while now, but a couples of year ago I saw some several times: cylindrical magnets around electrical wires. I'm not talking about specialized equipments but items of everyday life which comes with such a magnet. In fact I did not know it was a magnet until I accidentally broke one. Unfortunately I did not manage to find any picture from the web.
Do you know the use of them? Also, are we still using them?