You can see the entire process in this short video.
This is the traditional method used by the Gauchos in Southern Brazil. If you have ever eaten at a churrascaria like Fogo de Chao or Rodizio Grill, you know how absolutely amazing this tastes. After eating a steak prepared like this, you will never want your steak made any other way.
Step 1: Ingredients - Salting
Start by dumping a pile of salt onto the steak.
This may sound a little crazy - I thought it was crazy the first time I saw it - but trust me.
By the way, this Instructable is multi-media enabled. You can see the whole thing in this short little video..