An eye round steak is a type of round primal beef cut that is hugely popular in the United Kingdom, New Zealand, Australia, and South Africa. One of the common methods of preparing eye round steak is slow moist-heat methods that include braising. The method of Braising helps in tenderizing the meat and maintaining the moisture content. The beef cut of this eye round steak is often sliced thin, then dried or smoked at low temperature.