It’s a great question. I was surprised by this, too—moreso when instructions state freezing plastic (even lower thermal conductivity) takes considerably even longer. Clearly, thermal conductivity matters, but what else is at play here? Lots! it turns out—including altitude—as I am learning. I will query Cold-Shot (CS) for its take. In the meantime, I have a couple of hunches.
Given the same size freeze heads used for similar trade sizes (1/2”, 3/4”, 1”, etc.) of copper and steel, with steel, the LCO2 is striking more mass at the injector (in surface area and thickness) albeit vs. matter that is significantly lower in thermal conductivity. However, with same ID but thicker walls and bigger OD of steel pipe, the interstice is significantly smaller with steel. So, with steel, does this translate into: (1) less time and LCO2 to fill the smaller interstice with dry ice and (2) less CO2 blowing out everywhere with smaller OD of copper pipe? As you are freezing, initially you get a lot of popping and dry ice shooting out. This goes on until the interstice is full, and then everything quiets down a bit and you get these blowouts from random places where seals are max’ed out and relieving pressure. Conclusively, maybe with smaller OD copper, it’s just more inefficient despite higher thermal conductivity.