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Place large cast iron skillet (preferred) or other large heavy skillet (not nonstick) on high heat at least 5 minutes or until very hot. (See Test Kitchen Tips if using nonstick cookware.)
Mix Rub, paprika, thyme and red pepper in small bowl.
Brush each side of steaks with butter or oil. Generously season with Rub mixture.
Carefully place steaks in hot skillet. Cook 8 to 10 minutes or until desired doneness, turning once.