Precision alloys are metal materials with special physical properties (such as magnetic, electrical, thermal and other properties). The vast majority of precision alloys are based on ferrous metals, and only a few are based on non-ferrous metals. Usually include magnetic alloys (see magnetic materials), elastic alloys, expansion alloys, thermal bimetals, electrical alloys, hydrogen storage alloys (see hydrogen storage materials), shape memory alloys, magnetostrictive alloys (see magnetostrictive materials), etc.
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