I made this rather simple video this morning showing a physics demonstration on the effect of magnetic shielding. A paper clip is shown to be attracted to a magnet. A series of objects are placed in between, such as a plastic ruler, a steel ruler, a steel bookend, and some coins of different alloys.
It is interesting to note the types of material that provide magnetic shielding and those that do not. There is even a distinction between the types of steel, which is an alloy containing iron. Ferritic steel is magnetic while austenitic steel is not.
The theory behind magnetic shielding is that the flat magnetic material will direct the field lines of the magnet along its plane instead of allowing them to pass through, thus depriving the paper clip of a strong enough magnet field to keep it flying.