Non-Equilibrium Magnetization of Electron Gas in Alternating External Fields Valentyn M. Gokhfeld NAS of Ukraine A. Galkin Institute of Physics and Technology, Donetsk, 83114, Ukraine It is shown theoretically that alternating external fields, electric or elastic, can induce a non-homogeneous time-dependent electron magnetization of the conductor placed in a constant magnetic field - in addition to equilibrium magnetism described by Pauli and Landau. The spatial distribution of induced magnetization in semi-infinite sample is found as well as integral susceptibility of finite size specimen. In view of high sensitivity of contemporary magnetic measurements based on SQUID technique, our estimations show the observability of both the effects. They can be used as a magnetic method to study the spectral and relaxation properties of electron subsystem. Sorting category: De Conducting electrons in condensed matter Keywords: conducting electrons, kinetics, magnetization LT1114