ΔE 7.8, close: similar, with a visible difference side by side. Steel Blue is a little lighter than Ultramarine Shadow.
Usually, if you are not matching paint already on the model. Close match (ΔE 8). Steel Blue is a little lighter than Ultramarine Shadow.
The same difference applies the other way round: Ultramarine Shadow is a little darker.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Ultramarine Shadow on the colour wheel See Steel Blue on the colour wheel
All matches: Ultramarine Shadow equivalents · Steel Blue equivalents