Pros and cons of steel frame construction vs wood studs

Termites won’t eat steel.

My experience is with the labor being hard to find with steel

Most home builders have crews that frame with wood so when presented with a steel frame job, they back off.

At least that’s my experience

Im thinking since he mentioned wood studs, he's talking about metal studs.

cold-rolled light gauge metal studs are non-structural (there are structural MS but thats not what you are talking about). in other words they cannot be load-bearing

wood studs are commonly used in house framing because the interior walls can be used to support the roof framing. if you do not have load-bearing interior walls, metal studs are a fine option. they are SOP in commercial framing

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cold-rolled light gauge metal studs are non-structural (there are structural MS but thats not what you are talking about). in other words they cannot be load-bearing

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Sure they can. They're used often in high end residential for exterior walls with very high ceilings because of the unbraced length.

I still think OP needs to clarify what he wants because when someone brings up steel residential construction I immediately think PEMB.

I was planning on going metal building on soon to be purchased land even before the ridiculous costs of lumber. Shop on one side, 2 story living on the other.

The only thing I don't like about metal studs walls in residential is sound travels easily through them but that can be taken care of a few different ways.

ETA:

Several factors to consider but right now it is at least worth looking into and you will get longer life out of the structure (C&C doesn't matter unless you go with a metal roof), but cgrand is right about typical residential contractors not being able to install.

Spitballing;

I wouldn't even consider metal studs if the house is smaller than about 2500sf unless you want 16' ceilings

I haven't priced wood I joists recently but they are the strongest wood members by volume and less labor intensive than metal so I'd lean that way if 2 story

I'm not sure that it would negatively impact wifi signals as many commercial buildings use it and have wifi.

But that is an interesting question.

I have commercial cement board as the subfloor on my second story (as opposed to plywood) and I have to have a WiFi signal booster at the top of the stairs to pick up the signal and rebroadcast it for the second floor. Before the booster, you could walk upstairs and completely lose the signal.