Ductility
Ductility can be quantified by the fracture strain formula_1, which is the engineering strain at which a test specimen fractures during a uniaxial tensile test. Another commonly used measure is the reduction of area at fracture formula_2. The ductility of steel varies depending on the alloying constituents. Increasing the levels of carbon decreases ductility. Many plastics and amorphous solids, such as Play-Doh, are also malleable.
The most ductile metal is platinum and the most malleable metal is gold.
Magnet
The cheapest permanent magnets, allowing for field strengths, are flexible and ceramic magnets, but these are also among the weakest types. The ferrite magnets are mainly low-cost magnets since they are made from cheap raw materials: iron oxide and Ba- or Sr-carbonate. However, a new low cost magnet, Mn-Al alloy, has been developed and is now dominating the low-cost magnets field. It has a higher saturation magnetization than the ferrite magnets. It also has more favorable temperature coefficients, although it can be thermally unstable.
Neodymium-iron-boron (NIB) magnets are among the strongest. These cost more per kilogram than most other magnetic materials but, owing to their intense field, are smaller and cheaper in many applications.