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Is carbide magnetic?

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Tungsten carbide products are often made from tungsten carbide powder cemented with another metal. This metal is often cobalt or nickel which is magnetic. 6% cobalt by weight is a typical percentage. Cobalt cemented tungsten carbide is magnetic enough to be picked up with a strong magnet. read more

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Tungsten Carbide Magnetic Bracelet w/ Gold-tone Edge Bar ...
Source: ebay.com