Steele represented England right through the ranks until Under-21 level, reaching the Final of the Euros with the U17s in 2007 and with the U19s two years later and he says that time with the national side is a "moment to treasure" for those involved.
Speaking to TheFA.com, Steele said: "The preparation is second to none with England, it's just like going away with the first-team.
Steele knows both Dael Fry and Callum Cooke from training at Middlesbrough
"You have to try and enjoy every minute of it - even if you are not playing. You have to remember what you are doing and what you are a part of, because people would do anything to be in that position.
"Even now, I miss going away with the national team, you miss being out with the lads, so they need to savour every moment why they can."
Steele believes going away with the Young Lions can prove to be a real springboard for his two Boro team-mates, who fly out to Malta on Tuesday afternoon.
They face the host nation, Turkey and Holland in their group games, before hopefully progressing into the Semi-Finals.
And Steele has fond memories of the competition after being part of Peacock’s squad for the same stage in Belgium in 2007.
He added: "The U17s gave me that platform to build on and the confidence within myself to push on and I was lucky enough to go right through the ranks with England until the Under-21s.
"And to be selected for the Team GB Olympic squad after that as well, there's no reason why it can't be the same for this group of players.
"When I was coming back from my injury earlier this year, I trained with the younger lads at Middlesbrough for a bit of my rehab and you can tell straight away that Dael and Callum are good footballers.
"They are doing really well to be part of the national set-up and they are both highly-rated at the club.
"Middlesbrough is renowned for bringing young lads through and hopefully these will be another two that will make that step into first-team football.
"There's obviously a lot of young good players here, and we also have the likes of Hayden Coulson with the U16s and Bryn Morris with the U18s."
Fry and Cooke have spent the last three days training for the Finals with their team-mates at St. George's Park, and they face the host nation in the tournament's opener on Friday.
Steele experienced a similar situation during his time with U17s, and he says Cooke, Fry and the rest of the squad need to treasure every moment.
Steele was part of the Under-21s squad for last summer's Euro Finals
Former U19s captain Steele said: "Obviously playing the hosts first, it is going to be a massive game. That's when you find out a lot about the team and who the big characters are and who can play in the big pressure situations.
"That's what it is all about. We played the hosts Belgium, who the likes of Hazard and Benteke played for, in a group game and it was a similar situation but a great experience.
"It was the first major tournament that I'd been involved in and going into it, I wasn't number one as it was me and Alex Smithies vying for the spot.
"I managed to do well in the games I played in leading up to it that John Peacock selected me for and we played some great teams there.
"We did really well and went on to Spain in the Final, when Bojan [Krkic] scored, and they beat us 1-0.
"It was a great experience and I'm sure Dael, Callum and the rest of the lads will enjoy it thoroughly.
"I don't think we realised we what had achieved at the time, as you are so gutted that you lost in the Final.
"I also got to a Final with the U19s as well and captained the side, and when you look back it was a fantastic experience and something I'll treasure forever."
Remember, you can follow the progress of England U17s and their Euro Finals campaign right here on TheFA.com over the next two weeks.
