The alloys Alnico and steel are used for making
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Alnico alloys are ferromagnetic, and are used to make permanent magnets. ... The development of alnico began in 1931, when T. Mishima in Japan discovered that an alloy of iron, nickel, and aluminum had a coercivity of 400 oersteds (32 kA/m), double that of the best magnet steels of the time.
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