1. Does steel cu-clad have any impact on signals of any type? Is steel contraindicated for any application?
The resistance is higher at DC and low frequencies. At high frequencies, the skin effect limits conduction to the copper cladding anyway.
Some demanding applications preclude iron or nickel wiring to prevent magnetic distortion.
2. What’s the reason for going to steel from copper? Last I looked the USA isn’t sucking up all copper for use as bullet cladding (a la Vietnam war era, resulting in the introduction of aluminum mains wiring). Is it to simply keep shareholders happy (A.K.A. greed)?
Steel is cheaper and stronger. I think all of the RG-174 coaxial cable I have seen uses copper clad steel because otherwise it would be too fragile. Cheap coaxial cable may use copper clad aluminum.
Many resistor leads are steel. Audio people are against it but I've never found any difference nor any measurement that suggests it's a problem. Ever wonder what they use for scope probes? Hint- it's not copper or steel!
I have seen steel component leads but more often something like Kovar is used, but it is still magnetic.
Power diodes use pure copper for its higher thermal conductivity but larger glass packaged small signal diodes, like DO-7 packaged 1N270 and 1N34A, use Kovar. Smaller glass DO-35 diodes like the 1N4148 use copper but this might reflect DO-35 diodes being available for currents up to 400 milliamps.
I often save resistor leads after cutting them off because they are useful when something stronger than soft copper wire is needed for a short connection.