Yes, they are called 3M ScotchBrite Pads and they are outstanding for finishing both wood and metal...
If you really look hard, you can get them in various grades- grey, green, brown, maroon are the most common 'grits'. White is more for cleaning the kitchen and probably won't bite stainless- Try the grey pad first.
If you are brave, you can cut a couple of 1" square pieces and put them on a mandrel in a handpiece or Dremel run on low speed- you'll get a beautiful even matte finish in little time on stainless and chrome moly...
Other than that, you're looking at a bead blast refinish.