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The phrase "are steering" is correct and usable in written English.
It can be used when describing an ongoing action of guiding or directing something, often in a metaphorical sense.
Example: "The leaders are steering the organization towards a more sustainable future."
Alternatives: "are guiding" or "are directing".
Dictionary
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Are these agents so misogynistic that they are steering their own female clients wrong and losing money in the process?
"So investors are steering clear".
Sure enough, this story's oars are steering toward tragedy.
Another executive carefully distinguished between those "who [we] are steering business to" and those "who we are steering business from".
It turns out that prosecutors are steering these lucrative jobs to old colleagues.
RIGHT now, the candidates wooing Silicon Valley for cash are steering clear of such discussions.
But they are steering clear of cheaper cuts that they still consider suspect.
"Things are steering away from the army casting we've seen in recent years".
Instead, "we are steering a steady course toward economic oligarchy, if we are not there already".
More are steering clear of firms in opaque industries with bad governance.
"We are steering towards a wage stability and we're still heading in that direction.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com