I think you're probably looking for soft iron, alternatively "pure iron" as in chemical element Fe.
You can get minor improvements by tweaking the alloy. The magnetic difference between pure iron and these special alloys is minimal compared with the difference between iron and steel. The latter are worlds apart for transformer applications.
If you want an attracting magnet, steel can be used to advantage, but you have to know how to use it electrically.
If you want a transformer, for electrical power transfer, then soft/pure iron is the way to go.
You might have more joy getting small quantities of pure iron from a chemical supplier.
Edited By Andy Ash on 03/11/2016 19:12:53