Multilayer structured alloys which have a layer thickness less than 10 nm h
ave been produced by the application of repeated pressing and rolling to th
e initially macroscopically thick layered sample. The TEM observation of a
Ag/Fe sample revealed a regular alternate lamination of Ag and Fe with the
layer thickness in the range of 10 nm. The measured electrical resistivity
showed a large dependence on the applied magnetic field which is characteri
stic to the composite structure of magnetic and non-magnetic metals in the
thickness range of nanometers.