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.
Mu-metal
Mu-metal typically has relative permeability values of 80,000–100,000 compared to several thousand for ordinary steel. It is a "soft" ferromagnetic material; it has low magnetic anisotropy and magnetostriction, giving it a low coercivity so that it saturates at low magnetic fields. This gives it low hysteresis losses when used in AC magnetic circuits. Other high-permeability nickel–iron alloys such as permalloy have similar magnetic properties; mu-metal's advantage is that it is more ductile, malleable and workable, allowing it to be easily formed into the thin sheets needed for magnetic shields.