The stock wheels of a car without the hubcaps, usually black. These wheels were massed produced cheaply from steel to keeps costs down as oppossed to more exspensive better looking wheels.
That Civic is rockin his steelies, probably saving up for some better lookingwheels.
The words or phrases or innuendos used by the actor on Youtube Dick Steel of the K-CUF Crew.
Roswell73:"Hey that girl can do that dance to me"
Dick Steel:"Ha Ha, he means in a sexual manner"
Roswell73:"Nice use of Dick Steelisms"
Dick Steel:"I know"