A method for producing a soft
magnetic alloy, comprising: Providing a precursor product comprising a composition consisting essentially of 5 wt.% ≤ Co ≤ 25 wt.% 0.3 wt.% ≤ V ≤ 5.0 wt.% 0 wt.% ≤ Cr ≤ 3.0 wt% 0 wt.% ≤ Si ≤ 3.0 wt% 0 wt.% ≤ Mn ≤ 3.0 wt% 0 wt.% ≤ Al ≤ 3.0 wt% 0 wt.% ≤ Ta ≤ 0.5 wt% 0 wt.% ≤ Ni ≤ 0.5 wt% 0 wt.% ≤ Mon ≤ 0.5 wt% 0 wt.% ≤ Cu ≤ 0.2 wt% 0 wt.% ≤ Nb ≤ 0.25 wt% 0 wt.% ≤ Ti ≤ 0.05 wt% 0 wt.% ≤ Ce ≤ 0.05 wt% 0 wt.% ≤ Ca ≤ 0.05 wt% 0 wt.% ≤ Mg ≤ 0.05 wt% 0 wt.% ≤ C ≤ 0.02 wt% 0 wt.% ≤ Zr ≤ 0.1 wt.% 0 wt.% ≤ O ≤ 0.025 wt% 0 wt.% ≤ S ≤ 0.015 wt% Remainder iron, wherein Cr+Si+Al+Mn ≤ 3.0 wt.%, and up to 0.2 wt.% of other impurities, wherein the precursor has a
phase transition from a BCC phase region, into a BCC / FCC mixed region to an FCC phase region, wherein with increasing temperature the
phase transition between the BCC phase region and the BCC / FCC mixed region occurs at a first
transition temperature T Ü1 and with further increasing temperature the transition between the BCC / FCC mixed region and the FCC phase region at a second
transition temperature T Ü2 takes place, where T Ü2 > T Ü1 , final heat treatment of the precursor product at a temperature T 1 and then at a temperature T 2 , where T 1 > T 2 is, T 1above T Ü2 lies and T 2 below T Ü1 lies, where 900°C ≤ T 1 < T m , 700°C ≤ T 2 ≤ 1050°C and T m the
solidus temperature is, where the precursor at T 1 for a time t 1
heat treated, where 15 minutes ≤ t 1 ≤ 20 hours, then from T 1 on T 2 is cooled, wherein the
cooling rate is maintained over at least the temperature range of T 1 on T 2 10°C / h to 900°C / h, and further at T 2 for a time t 2
heat treated, where 30 minutes ≤ t 2 <_ 20 hours, and then from T 2 cooled to
room temperature at a
cooling rate of 10°C / h to 50,000 °C / h.