A giant iron paddle. It has no blade and thus has no cutting ability, but it can cause plenty of destruction with its size and weight alone. As one would expect, it is very useful for defense as well.
The Steel Paddle is somewhat similar to the Hymir's Finger Lv.4 due that both have at least a circle and both are rusty, with the exception that the Steel Paddle has no edge, and Hymir's Finger has. Also Requiem and the Steel Paddle are the weapons that most of the players use to create Cloud Strife and Zack Fair of Final Fantasy VII.