"Magnet and Steel" was reportedly written in just 15 minutes, becoming a Top 10 hit and the defining song of Egan's career. Nearly two decades later, the soft rock favorite found an entirely new audience after being featured in the 1997 comedy Boogie Nights, giving the classic single a well-deserved second life.
Egan wrote "Magnet and Steel" about his feelings toward singer Stevie Nicks, whom he had known since the early 1970s.
While the lyrics use the metaphor of opposite forces attracting each other, the song reflects the emotional push and pull of a complicated romance. Fittingly, Nicks herself appears on the recording, contributing distinctive background vocals that helped shape its signature sound.
Produced by Lindsey Buckingham, “Magnet and Steel” included Buckingham on guitar and vocals, while Fleetwood Mac drummer Mick Fleetwood also played on the track. Their contributions gave the song a polished California rock sound that fit perfectly alongside many of the era's biggest soft rock hits.
Released as the lead single from Egan’s album Not Shy, "Magnet and Steel" climbed to No. 8 on the Billboard Hot 100 and became a staple of FM radio. Although Egan never matched its commercial success, the song remained a favorite on classic rock and adult contemporary playlists throughout the following decades.
Then came its unexpected revival.
The renewed exposure demonstrated the song’s lasting appeal. Its shimmering guitars, memorable chorus and Fleetwood Mac connections continued to resonate with audiences long after its original chart run had ended.
Related: 1970 Classic Ballad, Written by a 12-Year-Old, Became a Soft Rock Anthem
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