Traditional Smothered Steak A traditional favorite like Mom used to make Recipe and photo courtesy of Texas Beef Council - used with permission Serves 4. 2 pounds round steak 1 tablespoon vegetable oil 1 large onion, cut in half and sliced 1/4-inch thick 1 can cream of mushroom soup 1 envelope beefy onion soup mix 1 can beef broth 1 cup water In skillet, or Dutch oven, heat oil over medium-high heat. Saute onion until translucent; remove and set aside. In same skillet, saute round steak until browned. Meanwhile, stir together mushroom soup, onion soup mix, beef broth and 1 cup water until blended; add onion and pour over browned meat. Reduce heat, cover with tight fitting lid, and simmer for 45 minutes to 1 hour, or until beef is fork tender, or for Dutch oven, cover and cook in preheated 350 degree F oven for 1 1/2 to 2 hours.