I’ve seen most these things play out. And as you say, it’s exactly what the call bell is for.
Even non-ferromagnetic materials react to the high field strength, and to show that, they let me hold a ring of aluminum just outside the bore. You can feel it "snap" to either parallel or perpendicular to the table when you try to turn it. It was a surreal experience.
I looked it up afterwards and tungsten apparently as little to no magnetic effects, but depending on the amount of carbon used in it, it can.
Oversimplification: Moving a conductor in a magnetic field or vice versa indices current in the conductor , resistance in the conductor results in heat.
The main field in an MRI is static but there are a lot of other fields moving around…
Similar happens on your body also (eddy currents) and deeper tissue gets energy which has to be controlled for - it can cause stimulation in peripheral nerves and heating .
Whether or not it’s a conductor is probably more of a concern. The loop likely wouldn’t be large enough to cause any drama though.
https://www.sciencedirect.com/science/article/pii/S193004331...
https://www.washingtonpost.com/wellness/2023/07/26/mri-yoga-...
Best practice for at least a decade is to always remove all rings and all jewelry and failure to detect rings or other jewelry is generally seen to indicate a problem in screening. That is... if a radiologist sees evidence of a ring on the images there better be an explanation. The reality is that particularly older people have not removed their rings in decades and their joint disease may have expanded so much that it simply cannot be removed and the risk/benefit doesn't justify damaging the ring nor denying them the benefits of a scan. But if the patient can't take the ring off, the magnet wont either.
Just for reference, people get head scans with braces pretty regularly and it's not considered a safety issue. Braces and rings can affect image quality though so that's usually the concern. So if the ring is near the body part being imaged you'd probably be asked to remove it because they'll easily cause undesired issues (in, say, roughly a 3-6inch radius) that can result in images that radiologists deem unusable for making a diagnosis.