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Internally, what defines whether a material is magnetically hard or soft?

I know that magnetically hard materials hold magnetic fields (magnetic moment alignment) for longer, while soft metals do not. However, what, internally, causes these properties to arise?
Flamethrower's user avatar
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Are the value of the magnetic field of a current carrying coil and the magnetic dipole moments of the involved electrons comparable?

The magentic dipole moment of electrons is a intrinsic property. To get the macroscopic effect of their common magnetic field this moments have to be aligned, like in permanent magnets or in current ...
HolgerFiedler's user avatar