UGIPERM® 12FM is a ferritic stainless steel developed for magnetic applications that has high permeability and low coercive field. It contains 12% chromium, silicon additions, and is re-sulphurized. After magnetic annealing, it achieves maximum relative permeability between 2000-3000 and coercive field of 95-125 A/m. UGIPERM® 12FM has similar corrosion resistance to grade 430FR/4105Si and better corrosion resistance than iron-silicon steels due to its chromium and molybdenum content. It can be easily formed at temperatures between 850-1150°C and is more ductile than austenitic stainless steels.