Many have speculated but, as yet, no-one has knocked off the side which has now strung together 10 wins.
It went to new heights on Wednesday night, drubbing a Central Pulse side that entered the game in second place on the table, 80-44.
The winning margin of 36 was the second-largest in its history, while the 80 goals was the fourth-most it has scored.
To make it all the more impressive, it came against a team which had conceded an average 46.5 goals per game.
Pulse captain and defender Katrina Grant said the loss came as a result of an off night from her team, as well as the Steel’s exceptional performance.
The team prided itself on its ability to shut down opposition attacks, although she admitted the Steel attack was difficult to contain.
"We first and foremost had to score off our own ball, because it’s just so hard to get the ball off the Steel.
"Particularly with Jhaniele [Fowler-Reid], she’s just a pretty formidable person to have in the back there.
"But she also gets great feeds from the likes of Gina [Crampton] and Shannon [Francois].
"And Te Paea [Selby-Rickit] plays a great role in drawing everybody out to let Jhaniele have that circle by herself.
"So no matter what, every team defensively finds it hard coming up against them.
"They’ve been together for about three years now and they just know each other inside out.
"Last night we gave them a lot of confidence and, with a team like that, when they’ve got confidence, it’s just so hard to stop them."
Fowler-Reid was a difficult proposition to defend and the team needed to be smarter to stop her.
"You have to get the ball before it gets to her.
"When their middies are on the circle edge and you’re one-on-one in the circle, there’s not much chance of getting the ball off her.
"You can try and jump, you can try and do whatever you like, but 95% of the time she’s going to get the ball and she’s probably get it in the hoop, as well."
While she would love a crack at the Steel without Fowler-Reid, she thought it was still a team full of classy players without her.
Despite that, she felt the Steel could be beaten, as any team was a chance of losing on its day.
With five games to play, the Pulse’s goal was to get back on the winning track and secure a top-three spot.
It could take heart out of the way the Steel had played and could learn from the confidence and relentlessness it displayed.