Selection of the proper material in manufacturing lightweight railway vehicles is a complex and essential challenge considering the available engineering materials. In this paper, the appropriate material has been selected for manufacturing railway wagons using a multi-criteria decision-making technique. Six engineering materials including DP600 STEEL, TRIP700 STEEL, TWIP STEEL, 6005-T6 aluminium, 60826-T6 aluminium and porous aluminium with closed cells were considered as engineering alternatives. Also, density, yield strength, ultimate tensile strength, the ratio of yield strength to maximum tensile strength, Young's modulus, cost and corrosion resistance were considered as selection criteria. To select the best material according to the mentioned criteria, the MOORA multi-criteria decision-making method was applied. By weighting the criteria and performing the analysis, it was found that the TWIP STEEL and 6082-T6 aluminium were chosen as the best candidates and aluminium foam and DP600 STEEL were selected as the worst candidates. Due to its maximum yield strength and ultimate tensile strength compared to other candidates, TWIP STEEL was chosen as the best material considering all criteria. Furthermore, the 6082-T6 material was chosen as the second-best material due to the high ratio of yield strength to ultimate tensile strength (0.88) and lower density and higher corrosion resistance than STEEL materials.