Steam traps with thermostatic bellows will remove air until the vapor inside the bellows expands and closes the air vent valve. When the air has been expelled the remaining steam heats up the bellows. The bellows are very susceptible to damage by water hammer.
In the common float and thermostatic trap, condensate will be forced by the pressure difference across the valve until the float drops and pushes the needle against the seat.
When a steam trap removes air and condensate from a steam system the condensate and air is expelled into to the condensate line.
Do not confuse steam traps with air eliminators or air vents for steam systems.
In low pressure steam systems as often used in older buildings air is often expelled from the system by air eliminators that sometimes are located on the steam mains, but nearly always on the radiator and other heat-emitting devices. Either closed by a thermostatic element or a float, the air is released to the atmosphere.
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Who is so ignorant as not to know that knights-errant are beyond all jurisdiction, their only law their swords, while their charter is their mettle and their will is their decrees? Don Quixote