“the modern steels are every bit as technologically advanced as most of the aluminum and titanium available from sources like Alcoa, Easton and Ancotech. Weight penalties are largely a thing of the past.”
i like steel frames a lot, but i don’t agree with your statement. in order for steel tubes to be respectably light and strong, you’ve got to heat treat the shit out of them, and get them up to 150k or 180k psi of tensile, and then they’re very brittle. plus, as opposed to aluminum, you heat the weld zones and semi anneal the bike where it needs to be the strongest. so, you’ve got this paper thin wall right at the point the bike needs the most strength (just behind the head tube on the down and top tubes) and you’re just asking for trouble. plus, the tubes are brittle, not normal steel tubes but those you speak of. so, as opposed to the nice easy failure, it’s more like an aluminum failure.
of course, if you have a tube that is very thick at the weld zone, either a lot of wall or a lot of diameter, you’re safer. but then you’re adding weight, and on a tri bike with a shorter head tube you’re then perhaps talking a compound miter.
if steel bikes were still lugged, and silver soldered, and you used these really high tensile tubes, you’d have an appreciably light bike that was still strong and rode nicely. but ves is right, not very many lugs available, and none if you’re trying anything other than round tubes.
so, the scandium tubeset rides nicely, like steel, and is a lot lighter. but even this tubeset is on the edge. so, easton made this really nice (necked down) top tube (for example) that had a fat O.D. where it connected to the head tube and then swaged down to, i don’t know, 1 1/4" or 1 1/8" or something. really nice tube. and i heard they just stopped making it.
it’s always tough to get raw materials suppliers to make the tubes bike makers want to use.
the last experimental steel bikes i made before i gave up on steel (for market reasons, as tom suggests) were really thin-wall, small O.D., bikes of steel tubes that had the carbon fiber gusset in the front of the front triangle, just like the old QR kilo private reserve had. really, really nice bike. but, expensive to make, not possible to sell.
steel is hard to work with. hard on the cutting tools. harder to weld. and good steel tubes are expensive. and, if you want to make a safe steel bike, you can’t make the frame under, oh, 4 lbs., maybe 3.5 lbs. at the very very lightest. otoh, aluminum is cheap, cheap to cut, easy to use, and easy to make a sub-3 lb frame. but, it doesn’t ride like steel. but the “ride like steel” thing isn’t possible to quantify on a spec sheet (which is what the market always wants to read as a preface to buying).