ABS is not even close to steel, especially good steel.
| ABS | Steel
---------------------------+-------+------------------
Compressive strength (PSI) | 6,750 | 16,000 - 70,000
Tensile Strength (PSI) | 6,500 | 36,000 - 115,000 (for stress-proof steel)
http://www.machinist-materials.com/comparison_table_for_plas...