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According to en.ucoin.net/catalog, the small, silver-coloured 100 Lire coins minted for circulation in the Italian Republic were made apparently between 1955 and 1999 and are of stainless steel composition, but the website doesn't state whether any other metals are mixed in at low percentages. The coin may be 100% steel, or it may not be. I haven't been able to find that information.
The Italian 50 Lire coin, recorded by the same website as minted between 1954 and 1999, is also listed as stainless steel. Both the L.50 and L.100 coins were in circulation (use as payment) until 2001.
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