You are right, steel(s) are different story. Pure iron is seldom ever seen in every day life, you will find it in chemical lab and some electronic applications. In common life, iron is mainly present in two forms, a casted iron which is rufly a solution of graphite in iron with many other inpurities, some added in purpose, some not. Objects like large pots, owen parts such as grills and doors, are usually made from casted iron. All the rest are warious steels, which is a general term for iron alloys containing warious amonth of cementite (iron carbide). Thousends of steel alloys are known and used. Concerning metal detecting, i would divide steels in three groups: soft or mild steels, hard steels and hardoxide steels and finally, steinless steels or chromium steels.
Casted iron and soft steels such as nails, nuts, bolts and many every day items with relatively low amounth of cementite are all feromagnetic, they will be find as "ferrous" with VLFs and PIs, they can be readly detected with magnetometer if large enough.
Hard steels and hardoxide steels, as well as high carbon steels are feromagnetic too. They will be find with magnetometer, the PIs will mostly find them as "nonferrous", the VLFs will most offently give bouncing VDI or nonferrous number, seldom ever a correct ferrous result.
Steinless steels with high chromium content such as AISI 316 and to some degree AISI 304, as well as chrom-vanadiun steels are bad candidates to look for. They are only weekly feromagnetic, and what is even more problematic, they are rather poor electric conductors compared with other metals. VLFs will fid them with seriously impaired depth, PIs will most likely ignore them all together. Magnetometer would most likely find them, if they are of size of submarine. Small parts would be ignored.