My last two tool chest redo's, I used Scotch 77 spray adhesive. Spray the felt lightly, it don't take much, and carefully apply the felt to the drawer. I also use billiard felt, its much more stiffer than fabric store felt is. So far, haven't had any issues with rust. In my steel drawer tool chests, i use shelf liner with the holes in it. I think its made by Rubber Maid?