Drawers sound good but, over time, you may have more steel and more steel types than you have drawers. An alternative (or an addition) that you might consider is some sections of 4" or larger plastic PVC pipe. I've got a number of them secured to my shop wall at floor level and the steel stands in them. The advantage is that it's easy to have one for each type of steel you use as long as you have the wall space. One disadvantage is that short pieces of steel get lost in the taller ones but it's easy to make short holders too or put the short pieces in drawers or bins. Certainly not an ideal alternative but it is a flexible and rugged system and it's cheap .......
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