The results of studies of magnetic and thermoelectric properties of pearlite, martensitic and austenitic steels, as well as cobalt and nickel based alloys are presented. The magnetization curves for materials from among the studied ones, as well as dependences of absolute thermoelectric power on the material temperature, are obtained. It was found that for ferromagnetic substances in weak magnetic fields the dependence of magnetic induction on the magnetic field strength is non-linear. This allows to conclude that magnetic permeability of such medium is not a constant, but can be described, for example, by a third-order polynomial.