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So you're saying you get 740Mbps (megabits) in speed test. But you only get 41-50 what? Megabits (Mb) or Megabytes (MB) on Steam?
At any rate Steam downloads can be slower than expected due to lots of reasons. Disk speed could be one. Some kind of throttling could be another. I have a 930Mbps connection but usually only get about 65MBps although sometimes I'll hit my configured cap of 95MBps.
Do you have the "throttle while streaming" option enabled? I just noticed mine was, and that might explain the 65MBps I was hitting. Steam might just be using ~50% of your bandwidth with that enabled. Which would be pretty close to your 740Mbps, only getting 45MBps issue. 740/8=92.5/2=46.25 which would be in your 45-50 range.
I do not have throttling. I guess it's all Mbps, not MBps. In any case I get 740 Mega bits on test my speed and only 44-50 Mega bits on steam.