Riders are the shock section of your steppe army. Apart from their lances and their armour, they are not distinct from your Horse Archers, being able to shoot and skirmish like them. To make up for these advantages, they are expensive.
Which means that they will always fill a niche role in your army, composed by a bulk of steppe horse archers. As I said, they might be necessary once facing massed formations of heavy cavalry and infantry, where their shock power can be a deciding factor. Other than that, you should stick with noble or line HA's.
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