I do know that some engines built in the very early days of internal combustion engines actually used steel , but when pushed- the pistons dome would deform due to the heat.
When aluminum was first tried -many were worried that the pistons would soften and melt, but the Aluminum transferred heat so much quicker that the softening became a non issue...
Another little tid- bit concerning diesel engines was the addition of a third compression ring, which I assumed was for the main purpose of reducing leakage during combustion,
It is actually more useful for heat transfer.... The dome gets the hottest and the major means of dissipating the heat- out of the piston is thru the rings to the cylinder walls and into the coolant.
A small article i read recently described how some marine diesel engine designers were derided- for not staying up with the times and asked why they couldn't make a 2 compression ring piston work-
So the company tooled up some new 2 compression ringed pistons, and tested their established design of marine diesel engine with the (new piston and rings) the result was over heated pistons in a very short order....
I guess that's why I have yet to see a diesel engine design employing only 2 compression rings... but do see engines with oil cooling jets...