aluminum does resist corrosion a bit better,
A lot better. About an order of magnitude.
wholesale price for luxfer al80 is significantly lower.
So it is for steel.
It's not about the price, that difference is trivial compared to the overall cost of diving. Lots of EU shops do use steel.
The dominance of AL tanks coincided with the rise of tropical vacation diving. Board shorts are a perfectly fine exposure suit in the tropics, unlike 5-7 mm that usable suits start at in the EU or the US, so there's no positive buoyancy you need to offset with steel. You just need a couple weights on the belt, which you want your customers to wear for safety anyway.
If a customer goes in with an empty steel and no suit, they'll have zero or negative buoyancy and no way to get positive. That's bad. With aluminum, they always have air to inflate, weights to drop, or they're positively buoyant to begin with.
A steel HP80 rig is three or four kilos lighter than an AL one, but you're not a dive op on a tropical island without a boat. However easy the shore entry, you go by boat. The boats don't care and there's plenty of cheap DMs to help elderly or less-capable customers.
Steel simply doesn't make sense for tropical diving. The couple kilos it saves and slightly better trim aren't worth dealing with its finicky and necessary paint, corrosion, which is much faster in the tropics, and damage from drops.