Steel isn't always easier to repair, some of the frames from fuji-ta which dominate folding bike frame and fork manufacture use a steel which is difficult to weld, might be 1040 steel the one that is close to the strength of basic chromoly steel. Fuji-ta used to have a great site in China but I guess their OEM customers got annoyed with it and I can't find it now. They used to state a steel that couldn't be welded with low cost welding equipment. I wonder if there is any info about the frame material on the frame compliance sticker. I think in the old days of British cycling manufacturers it was basic 1010 or 1020 steel but the high tensile steel used in even quite cheap bikes today is better if 1040 or possibly something else.
www.makeitfrom.com
So there has been a improvement in steel used by some Asian manufacturers but its rarely mentioned in the press as they are obsessed with aluminium and carbon fibre frames and forks so a small improvement in steel budget frames doesn't really get a mention.
This is a statistic from around 2017/2018 but back then over 95% of bikes made in China were steel. I can't quite see it being so much today but its probably still over 90% as steel still dominates in Asia, Africa and South America and even in Europe a high percentage of budget bikes and children's bikes are steel. Budget bikes still dominate sales hugely even if such bikes aren't used as much as more expensive bikes, i.e. many budget bikes are occasional use bikes. The Buffalo bike sold in Africa in huge numbers is pretty much an all steel affair except for aluminium rims probably.