Hello,
Unfortunately what you are experiencing is a bug that is already reported in our development database (#REVIT-168043).

The resistance of the weld should be calculated with the formula from the above picture. Taking the Ultimate strength of the material that is welded and dividing it to 2 coefficients. 
When you change the material of the element that is welded, the weld resistance doesn't change to take into account this change and it always displays an "infinite" value. This is a bug that will be fixed in a future version.
For the second questions, related to changing the material of an element from the steel connection. You can individually select the elements that are created by the steel connection, by hovering the mouse over the element that you want to select and pressing TAB. Once you select the individual element (plate, profile, etc), you can then change the structural material of that element from the Properties menu.
 
Regards,
					
				
			
			
				
	
Mihai Sandu
Sr. QA Analyst