Rust on the downtube suggests probably not, but for £40 I wouldn't die wondering.
Edit: Unless Litespeed did a steel frame I'm not aware of.
Yeah, probably overly optimistic thinking that that is some kind of reside left from a lock mount or something.
Top of top tube cable routing and mudguard eyelets are also suggesting that it isn't legit...
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Rust on the downtube suggests probably not, but for £40 I wouldn't die wondering.
Edit: Unless Litespeed did a steel frame I'm not aware of.