“…1,2 They are good candidates for high temperature applications such as new generation turbine engines 3 as well as in recording media where high saturation magnetization is required. 4,5 Many magnetic properties of bulk alloys are closely related to the microstructure. For example, the shape of the hysteresis loop, the coercive field H c , and the initial magnetic permeability , are not only determined by the intrinsic properties such as the crystalline anisotropy constant K 1 and the magnetostriction constant , but also by the microstructural parameters including grain size, texture, defects, and precipitates.…”