The effects of annealing temperature on the magnetic properties (maximum permeability, coercive force and remanence) and mechanical properties (hardness, tensile strength and elongation at rupture) were analyzed using the nondestructive impulsive magnetic analyzer in a medium carbon cold rolled steel sheet. This nondestructive method was very useful for the analysis of magnetic and mechanical properties of materials. As it was known in the literature, the three distinct processes that indicate the recovery, recrystallization, and grain growth of a metal were measured with the non-destructive analyzer.