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> Nowadays if you are from the school of 'steel is real' then you are going to have to buy a cheap 'bicycle shaped object', get something custom handmade or go for something deliberately hipster-retro.

Not entirely. http://surlybikes.com/

Steel is still cheaper, easier to fix, and more comfortable.

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As it happens I ride steel, primarily for the first reason you mention! I am also from the UK and I was over-generalising about what is available. There are plenty of people that still prefer steel, this is something I like about bicycles, there is a lot more individuality going on with bikes than you get (generally) with motoring.

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