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1 How long this takes depends on how thick the steak is and how well you want it to be done. 2  A one-inch (2.5-centimeter) thick steak will take about four minutes for rare steak and about 10 minutes for a well-done steak. 3  Half way through the cooking time, turn the steak over in the pan [source: Delia Smith ].
Set the oven to cook your steaks one side at a time. Use the âHIâ power level for each setting. For 1-inch fresh steaks, the cooking times for each side are five to six minutes for rare, six to seven minutes for medium rare, seven to eight minutes for medium and nine to 10 minutes for well-done.Add two minutes to the cooking time for 2-inch fresh steaks.For 1-inch frozen steaks, the cooking times for each side are 11 minutes for rare, 13 minutes for medium rare, 14 minutes for medium and 18 minutes for well-done.tep 2. Place the NuWave cooking rack in the oven so that it sits at the 4-inch height. Make sure that the liner pan is at the base of the oven before positioning the cooking rack.