Steel rims always need different nuts to alloy rims. Alloy rims have holes larger than the stud, so the nut fits over the stud, taking the weight of the rim. Steel rims fit more directly on the stud, with a little bevel to fit into the much thinner rim, and the nut tightens the rim directly against the inner wheel housing.
You cannot possibly fit steel nuts to an alloy rim, and while it is possible to fit alloy nuts to a steel rim just look at them; they don't look right, and they aren't right. You will break studs through stress if you try, seen it happen before. If there are issues with steel wheels don't blame the wheels if people have not used steel nuts.
Pros of steel rims; much cheaper, and more scratch-resistant when changing tyres or just offroading. Dynamic steels are $130ea, LR 17x7 are RRP $1000ea or something crazy, aftermarket $250-$300.
Pros of alloys; look better, and are lighter. Steels can be bent back into shape if bent, but decent alloys are so strong you'd never need to do this, I've only done it to poor quality steels which then had to be replaced once we were out of the bush anyway. I wouldn't say steels are stronger than decent alloys. You can have steels powdercoated to improve looks.
On the subject of rims I am awaiting Performance Wheels' new release of BB-6 17x8s. Then I shall be selling my 19x8s with MTRs, in case there are any TDV8 or similar offroaders interested. Anyone wanting to run 265/65/17 will need a 17x8 rim to remain legal. 255/65/17 is ok on a 17x7 but check manufacturer specs, each manufacturer specifies the permitted rims for a given tyre size.
Autocraft in Geelong are also selling 17x7 alloys for a decent price.


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