Parts are quite magnetic so doubt the stainless steel alloy. The biggest problem, however, is that no screws were included. While I have a sizable inventory of different bolts and often purchase higher quality bolts than what comes in the kit anyway, it annoys me that I couldn't find a single bolt that worked without modification. The holes are not countersunk for a pan head screw, but a #6 or #8 pan head was too high for the latch to fully close. I'm not sure what type of screw to use, but I had to countersink the holes.
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