At the geometry level, DXF represents 2D drawing entities and selected 3D wireframe, surface or mesh entities. STEP represents precise solids, surfaces, assemblies and product structure. A flattened surface can be dependable when the receiver only needs final triangles, but it is a destructive handoff when someone still needs editable solids, object hierarchy, animation, vertex attributes or manufacturing metadata. Once those semantics are discarded, converting the file back does not reconstruct the original design intent.
A safer production workflow keeps the richest editable source as the master and creates a separate delivery copy for a named destination. After export, inspect units, bounding-box dimensions, up axis, normals, watertightness, object count and material references in the receiving application. The main DXF caution is that it it is not a dependable universal container for printable 3D solids. The main STEP caution is that it must be tessellated before mesh-only printing or real-time use. These are workflow constraints, not minor technical trivia.
The practical verdict is to choose DXF when the job centers on 2D CAD interchange, laser/CNC outlines and legacy drafting, and choose STEP when it centers on editable mechanical CAD exchange and downstream manufacturing. For 3D printing, the slicer's actual import is the final authority. Confirm millimeter dimensions, orientation and mesh integrity before generating toolpaths, even when the preview initially looks correct.