If a magnet sticks, there's some steel in it.
From here, the body of the clamp looks like cast iron. Pot metal would be very light in weight. If the magnet sticks to the body of the clamp, it's probably cast iron. If it sticks to the screw, it's probably copper-coated steel.
Copper-coated screws are common for clamps intended for use in a welding environment. Arc welding, particularly, will put off lots of hot splatter, and it won't stick as much to copper as to steel.