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Another option for bare steel is something called LPS 3. I think I still have a can of it somewhere. I used it on my industrial-inspired Peugeot a few years ago on the bare steel forks. A quick wipe down and re-application every few rides (possily months ) was enough to prevent any rust:
https://www.retrobike.co.uk/threads/industrial-1989-peugeot-531-scorpion.227281/post-1710111
https://www.retrobike.co.uk/threads/industrial-1989-peugeot-531-scorpion.227281/post-1710111