steal wool seems like it would rust very fast, your putting it into a moist environment which has a very high O2 content.
I could be completely wrong about this;
the way a flashback arrester works.
So you have gas in a hose, and it is burning. The flame (might look more like an explosion) is putting out heat that is igniting gas further down the hose. Then this flame gets to this mass of fiber. The flame's heat is absorbed by the metal fibers and thereby preventing the ignition of gas within the arrester.
so if this is all true the ideal materiel would be very fine and conduct heat really well.
copper could work, but it would get green and crusty, and then wouldn't work
steal, same thing, but more brown, and oh yeah, it burns
Stainless steal, if of a good alloy could work, not the best conductor
Brass, best choice
There are likely some important things to consider that i left out.
there is a vid on youtube of a guy testing an arrester with a balloon of HHO, seems like the best test, the vid shows the arrester failing, good to see before doing your tests.
I=V/R so R=V/I and V=I*R
P=V*I
(I=Amps, V=volts, P= power in watts, R=resistance in ohms)