A metal strip stabilization apparatus comprising: a displacement measurement unit configured to measure a displacement of a metal strip during traveling in a non-contact manner; a control unit configured to generate a vibration suppression signal for controlling vibration suppression of the metal strip and a position correction signal for controlling position correction of the metal strip based on a measurement signal of a displacement of the metal strip by the displacement measurement unit; and an electromagnet unit including: a vibration suppression coil configured to generate a first magnetic force based on the vibration suppression signal by the control unit; a position correction coil configured to generate a second magnetic force based on the position correction signal by the control unit; and a core about which the vibration suppression coil and the position correction coil are wound concentrically, the core leading the first magnetic force and the second magnetic force to the metal strip, the electromagnet unit being configured to suppress vibration of the metal strip by the first magnetic force, and correct a position of the metal strip by the second magnetic force, wherein the number of turns of the position correction coil is twice to five times of the number of turns of the vibration suppression coil. a displacement measurement unit configured to measure a displacement of a metal strip during traveling in a non-contact manner; a control unit configured to generate a vibration suppression signal for controlling vibration suppression of the metal strip and a position correction signal for controlling position correction of the metal strip based on a measurement signal of a displacement of the metal strip by the displacement measurement unit; and an electromagnet unit including: a vibration suppression coil configured to generate a first magnetic force based on the vibration suppression signal by the control unit; a position correction coil configured to generate a second magnetic force based on the position correction signal by the control unit; and a core about which the vibration suppression coil and the position correction coil are wound concentrically, the core leading the first magnetic force and the second magnetic force to the metal strip, the electromagnet unit being configured to suppress vibration of the metal strip by the first magnetic force, and correct a position of the metal strip by the second magnetic force, wherein a vibration suppression coil configured to generate a first magnetic force based on the vibration suppression signal by the control unit; a position correction coil configured to generate a second magnetic force based on the position correction signal by the control unit; and a core about which the vibration suppression coil and the position correction coil are wound concentrically, the core leading the first magnetic force and the second magnetic force to the metal strip, the electromagnet unit being configured to suppress vibration of the metal strip by the first magnetic force, and correct a position of the metal strip by the second magnetic force, wherein the number of turns of the position correction coil is twice to five times of the number of turns of the vibration suppression coil.