The document discusses hysteresis curves and their properties. It defines hysteresis as the lagging of magnetic induction behind the magnetizing field when a magnetic substance undergoes a complete magnetization cycle. A hysteresis loop graphs the relationship between magnetic flux density (B) and magnetizing force (H). It describes the key aspects of a hysteresis loop including coercivity, retentivity, and energy dissipation due to hysteresis. It also compares the hysteresis curves of steel and soft iron, noting their differences in properties. Finally, it outlines some applications that make use of hysteresis in ferromagnets.