I like to use 0000 steel (bronze is safer but softer) wool and nearly any kind of oil. You want to stay away from WD-40 (IMHO) as it sometimes causes more harm than good. Better off with just some motor oil.
No matter what you use, just make sure you don't use the steel (or bronze) wool dry. That will be bad news....
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Keep your knees in the breeze and your iron in the air.
~Steve
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