[Mick Dundee voice on]That's not a magnet! [voice off]:D
Over the years I've done a lot of work for aluminium smelters. The magnetic field in a potline is huge.
From memory, even the molten aluminium in the pot has a degree of magnetism. The surface level of the molten aluminium varies slightly across the pot because of the magnetic fields.
Ferrous tools are difficult to use and welding steel is hopeless without using what they call Nelson's Eye - a piece of thick plate with a hole in it.
The plate is positioned with the hole over where you want to weld and the welding arc is kept inside the hole.
Sorry to hijack - back to the topic now.
Yes, the magnet can affect the arc while you are tig welding.

