Alright. Thinking further on these topics, the mechanical strength is mostly based on the interatomic strength. The electric conductance of a material is based on how loosely the electrons attached to the nucleus of an atom. That explains why plastic is an insulator, but it is not strong as iron. And iron is strong, but it conducts electricity.
In my imagination, electricity conducts as follows:
An electron mechanically moves in one direction. That causes the neighbouring electron to repel and the neighbouring electron also start moving in the same direction. Eventually it becomes a flow of electrons and we call it electric current.
If the above logic is true, let me rephrase my original lightning rod question. When I hit the lightning rod with an iron hammer with tremendous force, the electrons in the surface of the hammer are coming closer to the lightning rod electrons. This should cause the electrons in the lightning rod to repel and an electric current should be generated. Right?