Before I had proper climate control in my wood shop I had a lot of trouble with rust. A lot of my hand tools are very expensive, and very hard or impractical to protect with other methods. I used a big upright freezer with a 40 watt bulb on all the time to keep it warm and dry. Worked great. My dad used a small fridge with a 100 watt bulb to keep his welding rods dry.
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