It depends on the magnetic material. If it is the black ferrite (ceramic compound composed of iron(iii) oxide, it does not conduct electricity. read more
No problem. As a kid, I wound wire around a steel screw. When a strip of spring steel was bent into contact with the screw, current flowed through the spring steel, through the screw, and through the coil. read more
Current involves the movement of electrons, a specific number of electrons through a cross-section area of a material in a given amount of time. And we are told that "magnets" as in the case of a simple permanent bar magnet have molecules that are organized as groups called "magnetic domains" when the original molecules valance electrons are ordered by an external magnetic field. read more