One note about titanium: The numbers it's always compared against as a 'super metal' are for
mild steel. In terms of blades, titanium just can't get hard enough to hold a proper edge. Also, being half as dense as steel, you have to make a blade twice as wide to even approach the same cutting performance...
Oh, and titanium's 'strength' when refering to submarine hulls or airplain parts, it
by weight; steel is just as tough by
volume.
Now for a short dissertation on blades and cutting...
The thinner a blade is (looking edge-on), the better it cuts, because it doesn't have to displace as much flesh/whatever when it impacts, meaning that it can cut deeper. Now, this is balanced by the fact that a sword's cutting ability is heavily dependent on the momentum (combination of speed and mass) that it has when it hits, in that it cuts by shearing material apart on the axis of the cutting edge, like how the prow of a boat goes through water. The faster the blade is going, the better a job it does of shearing, and the more mass it has, the longer it maintains that speed after impact, while cutting into the target.
So, that's why you want cutting blades (other than the katana, which I'll explain in a bit) to be as thin as possible in relation to their mass. This means that you want a sword that's a balance of mass (for momentum), thinness/edge geometry (for shearing capability), lightness (so you can actually get it up to speed), and balance (so you can move it where you want it).
Therefore, a titanium sword, to cut as well as a steel sword, would have to be twice as wide at the same thickness, but it would only have half the typical rockwell hardness of a steel sword...at the low end of the historical range (pure titanium: average of about 24 HRC; most medieval cutting swords: 48+ HRC at the cutting edge)...so, it would cut fairly well the first couple of times, but it would quickly become dull. Not good for a sword.
Now for the bit about katanas (yes, I know in Japanese, the correct plural of katana is
katana, but here in America, we speak American!

)
Ok, so I implied that the best cutting blades end up being very wide and thin, whereas katanas are thick and narrow. The difference is in the actual shape of the edge. You see, a european sword has the main bevels of the blade (the parts that angle towards the edge), then it has the edge-bevels (the actual sharp part), which come together to a much more obtuse angle than the blade would if you extended the main bevels until they met. Well, that obtuse angle is the part that does all of the cutting, and it's definately sharp enough to cut...so, imagine what would happen if the
whole blade was at something like that angle? It would cut very well, because of the added momentum from the added mass.
*** *** *** ***
Ok, now, back to the point of the thread...
So far, I have to agree with the general concensus: Good steel is harder and tougher than the best bronze, but even the worst bronze is as hard--and tougher--than the worst 'iron'...
What hasn't been discussed is the specifics of what 'iron' (in the same context as steel or bronze)
is.
When iron was smelted with charcoal, the end result was three different alloys in varying amounts: cast iron (so much carbon that it shatters at the drop of a hat, but its melting point is low enough to cast things with it; can't be forged), steel (medium carbon content, not much slag; pretty easy to forge), and wrought iron (low carbon, lots of slag, very tough but quite soft and almost impossible to harden; really easy to forge).
Cast iron was never really used for weapons or armor, from what I've read, supported by common sense.
Steel was obviously used for blades because it was easy to work compared with bronze, it could be hardened, and so on. Early steel wasn't the most common/easy to separate of the components in the bloom (the big chunk of metal that results from smelting), and it had a lot of variation in carbon content, leading to making pattern-welded blades in europe. Part of the reason the japanese folded blades (other than spreading out contaminates so they wouldn't make a weak point) was to homogenize the carbon content of the steel, so there wouldn't be soft and tough spots mingled with hard and brittle spots.
Wrought iron was the easiest component to extract from the bloom, and it's very easy to forge. Because of the 'trace' amounts of slag in it, wrought iron rivals modern mild steel in toughness, surpasses it greatly in rust-resistance, and is many, many times easier to forge-weld (i.e. get two pieces really hot, then hammer them together to make them bond). Because of this, a lot of tools (and some weapons) were made with wrought-iron cores and high-carbon steel edges, all the way up to the end of the 19th century, primarily evidenced by wood-cutting axes. As well, most armor was made of wrought iron up until the advent of plate armor (which had a lot to do with the industrial-scale, waterwheel-powered iron-smelting factories in the late middle ages).
Also, the business ends of weapons other than swords and axes were often made
entirely of wrought iron up until the late middle ages.
Ok, that came out a lot longer than I expected, so there may be some minor errors...I think I'll stop now while I'm ahead.