Across all industries, material specifications are tightening beyond previously understood process capabilities. Slight shifts in material grade, microstructure, heat treatment, or alloy composition can significantly impact long term material integrity. This study examines the feasibility of noncontact, 100% inline magneto-inductive testing on materials and components to ensure material quality standards. To investigate the hypothesis that material grade, carbon content, density, and alloy composition can be accurately tested in real time during production, an experiment was conducted using magneto-inductive test instrumentation and an encircling coil. The results of the investigation confirmed that 100% of the material in a component could be thus tested, accurately, efficiently, and autonomously verifying that the specified material grade with the proper composition and properties had been used.