Emeril Lagasse has a recipe for round steak that has high ratings on the Food Network website, earning 5 out of 5 stars based on 72 user reviews, as of 2015. This recipe features onions and peppers and makes about six servings.
To make the round steak recipe from Emeril Lagasse, first create the seasoning mix in a bowl. Add 2 1/2 tablespoons of paprika and 2 tablespoons each of salt and garlic powder. Also, add a tablespoon of black pepper, onion powder, cayenne pepper, dried oregano and dried thyme. Add 1 1/2 tablespoons of this mixture to 2 1/4 pounds of thin top round steak strips.
Heat 1/4 cup of vegetable oil in a large Dutch oven or skillet, and brown the meat in batches, about five minutes for each batch. Add 2 cups of chicken broth, and scrape the sides and bottom of the pan, mixing well. Add 6 cups of diced onions, 2 cups of sliced green and red bell peppers, 3 teaspoons of salt, and 1/2 teaspoon each of black pepper and cayenne.
Cook the mixture for about eight minutes, stirring frequently, or until the vegetables wilt. Reduce the heat to medium, cover, and cook for about 15 minutes. Add another cup of chicken broth, and continue to cook, uncovered, for another hour until the meat is tender and the gravy is thick. Add a tablespoon of fresh parsley, and serve over white rice, if desired.