Thank you so very much for your post, it put me on the track I wanted to be on, namely looking on the effects of eddy currents on spacecraft, which has been a fascinating read.

What I am getting from it though that given a rotating orbiting object, depending on the strength of the magnetic field, you'd find stuff like rotation dampening, resistive torque, and Joule heating in conductive materials, with minor but non-negligible impact.