Most molds are made of hardened or pre-hardened steel. Hardened steel (post-process heat treatment) has better wear resistance and longer service life than pre-hardened steel. Although steel molds are more expensive than molds made from other materials such as aluminum, they are more durable and support higher productivity before they need to be replaced.

Design engineers must consider the hardness of the steel and the brittleness of the steel. Harder steel is more brittle and therefore not suitable for use in mold parts that are subject to lateral loads or impacts, as it cracks if it bends. Formed glass fill materials also require the use of harder steel because the glass fill material will wear the mold prematurely; wear can also be a heavy runner system and gate.

Due to the rapid cooling characteristics of aluminum, it is sometimes used in molds. It also reduces the time required to make a mold because it is easier to machine than steel, providing faster turnaround and production cycles. However, because it is softer than steel, even hardened aluminum is more difficult to weld, difficult to maintain, and wears faster – making it ideal for prototyping and short-term operation. Depending on the product and mold design, the hybrid mold can sometimes be made of steel, but aluminum is used for heat transfer in low wear areas.

Aluminum is not a good choice for complex parts or hard glass filled plastics due to premature wear. Copper alloys are sometimes used as a substitute for aluminum when rapid heat dissipation is required.

Both steel and aluminum molds can be coated with special materials to improve wear resistance and reduce friction, especially when forming FRP. Common coatings are nickel boron alloy and nickel polytetrafluoroethylene (thickness 0.0002 ~ 0.0004 inches).