Preparation Instructions: 1 Serving: 1-1/2 cups water or milk; 1/4 cup steel cut oats. 4 Servings: 4 cups water or milk; 1 cup steel cut oats. 1. Bring water or milk to a boil in a medium saucepan. 2. Stir in oats, reduce heat to low. 3. Simmer uncovered over low heat, stirring occasionally, for 25-30 minutes or until oats are of desired texture.