I was riding a full carbon bike and it just exploded. I went flying and landed on an aluminum bike, which exploded from the impact. We both went flying from the explosion and landed on a steel bike. The steel bike saved us like a magical airbag. Luckily, a steel bike was around and three of us got on one bike and hitched a ride home. It was a 5 speed, steel rimmed road bike with 18c tires. Everything was made of steel and the guy said he would leave it underwater in his swimming pool to keep that protective surface rust going.

He would grind down bits of the steel frame and eat it. Claimed it cured cancer. I believe it.
Love steel. It's the panacea for anyone looking to ride. Anything else is scary and will catastrophically fail, just like it never did to me.