Magnet
A permanent magnet is an object made from a material that is magnetized and creates its own persistent magnetic field. An everyday example is a refrigerator magnet used to hold notes on a refrigerator door. Materials that can be magnetized, which are also the ones that are strongly attracted to a magnet, are called ferromagnetic (or ferrimagnetic). These include the elements iron, nickel and cobalt, some alloys of rare-earth metals, and some naturally occurring minerals such as lodestone. Although ferromagnetic (and ferrimagnetic) materials are the only ones attracted to a magnet strongly enough to be commonly considered magnetic, all other substances respond weakly to a magnetic field, by one of several other types of magnetism.
Tungsten
Quenched (martensitic) tungsten steel (approx. 5.5% to 7.0% W with 0.5% to 0.7% C) was used for making hard permanent magnets, due to its high remanence and coercivity, as noted by John Hopkinson (1849 - 1898) as early as 1886. The magnetic properties of a metal or an alloy are very sensitive to microstructure. For example, while the element tungsten is not ferromagnetic (but iron is), when present in steel in these proportions, it stabilizes the martensite phase, which has an enhanced ferromagnetism, as compared to the ferrite (iron) phase, due to its greater resistance to magnetic domain wall motion.