INdeed, although the title is misleading, the article makes it clear that the reference is to Ti-steel alloys, which are, indeed, about as tough as anything we've yet been able to concoct. ALWAYS read beyond the headline!
Nevertheless, the article also gives a nod to the problem of corrosion of this Al-steel alloy, as Cosmacelf pointed out. Worse for me, however, is this line which, once parsed, becomes close to malarkey, as follows - quoting the researcher:
OK...so it's 13% lighter than a TI-alloy....and almost 13% less strong than same. So you need 13% more of it to get something that's almost as strong as a Ti alloy.
Don't think we're quite there yet, Doc.