steering stem and fender mount (polished)

I'm 99% sure it's steel, and if so it's going to rust very quickly.

well its been in my shed for about a month and has not rusted..
so im thinking its not steel.. the top and bottom piece may be steel but the bar itself i dont think so..

anyway here it is...


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I can promise you that it is steel. Otherwise you would not be able to weld the top and bottom mount to it. You cant weld 2 different metals together.