Copper-nickel: https://en.numista.com/catalogue/pieces4759.html
plated steel: https://en.numista.com/catalogue/pieces63353.html
According to the Numista pages both types were issued for both years (and collectors are recorded as having the types). The references are KM# 47.1 & 47.2, Schön# 54 & 54a.
But I looked a both KM and Schön and neither lists the non-plated version.
Does anyone actually have a non-magnetic 50 Santeem dated 1996 or 1997? (Is there a way to check the collections to see if anyone claims to have both types?)