Steel, now aged 27, moved on to Tranmere Rovers in late 1987.
In turn he was rejected by Tranmere Rovers for the same reason.
They secured their safety with a final day win over Tranmere Rovers.
His only goal of the season came in a 2-0 victory at Tranmere Rovers.
Town managed to finish just one place and two points behind 4th-placed Tranmere Rovers.
He played for Tranmere Rovers as a centre back over 250 times between 1975 and 1983.
A week later, he started again in the 1-0 home defeat to Tranmere Rovers.
He did not play for the club again and moved on to Tranmere Rovers.
During the 2005-06 season, he joined Tranmere Rovers on loan.
A month later, he was handed his first start playing the full 90 minutes against Tranmere Rovers in a 1-1 draw.