Magisteel

Magisteel (魔鋼) is the material extracted from raw Magic Ore. The amount of Magisteel that can be extracted from that ore is only 3~5%.

Properties
This material is very durable and heat resistant. In comparison to other rare metals that have at most a melting point around 5,000 degrees Celsius, Magisteel can withstand temperatures close to 10,000 degrees Celsius. Furthermore, it has a self-repairing trait and is exceptional at inducting Magical Power, enabling any objects made from Magisteel to "grow" with their user. All these properties made Magisteel highly desirable for making high quality equipment with magical properties. Magisteel's excellent properties and difficulty to obtain resulted in its very high price in the market. Even a fist-sized chunk of Magisteel is worth at least twenty times its weight in gold.