Apparatus for detecting the presence of solid ferromagnetic particles or solid non-ferromagnetic conductive particles entrained in a stream of fluid comprising three coaxial coils arranged to encompass the stream, one of the coils being a sense coil and the other coils being field coils located respectively upstream and downstream with reference to the sense coil, one field coil being wound in a first direction and the other field coil being wound in the opposite direction, means for energizing the field coils to generate A.C. magnetic fields and establish opposing A.C. magnetic fields at the sense coil, means connected to the sense coil to detect a disturbance of the A.C. magnetic field present at the sense coil when a particle moves through the coils and to provide a signature electrical signal indicative of a disturbance, means for removing any residual electrical signal due to imbalance of the opposing A.C. magnetic fields from that signature electrical signal and provide an output signal and means to analyze the phase of the output signal so as to discriminate between ferromagnetic and non-ferromagnetic conductive particles, wherein the means for removing any residual electrical signal is a differential amplifier having one input supplied with an output from the sense coil, an output of the differential amplifier being connected to an input of an autobalance circuit whose output is connected to another input of the differential amplifier, the output of the differential amplifier being connected to a mixer whose other input is supplied with a signal of the same frequency as the A.C. magnetic fields, the mixer's output providing said output signal.