Original 1CP powder was studied and it was founded that powder material partially consists of the amorphous phase, in which crystallization begins at 450 °C and ends at 575 °C. Selective laser melting parameters were investigated through the track study, and more suitable ones were found: laser power P = 90, 120 W; scanning speed V = 1200 mm/s. Crack-free columnar elements were obtained. The sample obtained with P = 90 W, contains a small amount of amorphous phase. X-ray diffraction of samples shows the presence of α-Fe(Si) and Fe2B. SEM-image analysis shows the presence of ordered Fe3Si in both samples. Annealed samples show 40% less microhardness; an annealed sample containing amorphous phase shows higher soft-magnetic properties: 2.5% higher saturation magnetization, 35% higher residual magnetization and 30% higher rectangularity coefficient.