Maybe there are both magnetic and non-magnetic, but this is taken directly from the McMaster where I got mine:
Magnetic Stir Bars & Gas Burners
Magnetic Stir Bars
Made with an Alnico 5 magnet encapsulated in a seamless PTFE shell, these stir bars are noncontaminating and resist corrosion, chemicals, heat, and cold. FDA compliant for food contact.
Octagonal bars with spinning ring spin well in small, flat-shaped containers because they have a larger surface area for greater turbulence.
Color-coded octagonal bars with spinning ring are easy to see in contrasting colored liquid. They spin well in small, flat-shaped containers. Please specify color: red, yellow, or blue.
Round bars with removable spinning ring can be used ringless to stir up contents at the bottom of larger containers. They have excellent centering and smooth-running characteristics.