He will begin performances Oct. 24, for a run through Jan. 5, 2012.
Scrooge replaces The Wizard of Oz, which runs through Sept. 2 only.
Scrooge, which features book, music and lyrics by Leslie Bricusse and is based on Dickens' "A Christmas Carol," is directed by Bob Tomson, designed by Paul Farnsworth, and features illusions by Paul Kieve (Matilda, Ghost). Other creative credits include choreography by Lisa Kent, musical direction by Stuart Pedlar, lighting by Nick Richings and sound by Ben Harrison. It is produced by Bill Kenwright.
Steele's previous Palladium successes include an 894-performance run in the original 1980s stage version of Singin' in the Rain.
To book tickets, contact the box office on 0844 412 2957, or visit www.kenwright.com for more details.