Gather all your ingredients so that you have everything close at hand on the counter or table.
Prepare the Ingredients
Using a meat mallet, pound 2 pounds round steak to tenderize, if necessary.
Place a sleeve of saltine crackers in a gallon freezer bag and crush with a rolling pin or "cleaned" meat mallet. This should make 2 cups crushed saltine crackers.
In a shallow bowl, stir together the crushed saltine crackers, 1 cup all-purpose flour, 2 teaspoons seasoned salt, and 1/2 teaspoon freshly ground black pepper.
In another shallow bowl mix together 3 large eggs and 1/2 cup buttermilk.
Cook the Steaks
Dredge each tenderized round steak first in the cracker mixture, then in the egg batter, and then a second time in the cracker mixture. Pat cracker mixture onto the surface of each steak until completely coated.
Heat 1/4 cup vegetable oilin a large cast iron skillet. Fry steaks until golden brown, approximately 8-10 minutes on each side. When done, keep warm on paper towels.
Make the Gravy
Scrape the bottom of the skillet with a metal spatula to release all of that yummy fond.
Pour more Vegetable Oil in the skillet if needed and heat for 1-2 minutes on medium heat.
Stir 1/4 cup all-purpose flour into the oil to make a paste. Add 3-4 cups whole milk and whisk until thickened. Season with 1 teaspoon kosher salt and 3/4 teaspoon freshly ground black pepper to taste.
To serve, spoon hot gravy over steaks and mashed potatoes. Serves 4