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mbps = megabits per second
MB/s = megabytes per second
8 bits to one byte
You're getting a lower than what you should but you're not getting 2000% less.
You can not get more than your ISP allows, and getting a 4GB/s connection would cost you thousands of dollars a month.
Or it could be I/O capping, it does unpack and copy during the download.
https://store.steampowered.com/stats/content/