Preheat the oven to 350°F. Line a rimmed baking sheet with foil and coat lightly with nonstick cooking spray; set aside. Allow the pork to sit on the counter and come to room temperature for about 30 minutes. Pat the pork dry with paper towels. Rub a light coating of olive oil onto both sides of the pork steaks.
In a small bowl, stir together the brown sugar, paprika, garlic powder, onion powder, thyme, basil, salt, and pepper. Sprinkle the seasoning mixture evenly over both sides of the steaks, massaging it into the meat.
Heat about 1 tablespoon of olive oil in a large skillet over medium-high heat. Working in batches so that you don’t overcrowd the pan, sear the steaks just until they develop a nice brown color, about 2-3 minutes on each side.
Transfer the steaks to the prepared baking sheet.
Bake the pork steaks for 10-15 minutes, or until the meat reaches an internal temperature of at least 145°F. For more color and a crispier finish, place the pork steaks under the broiler for the final 1-2 minutes. Tent loosely with foil and let the pork rest for about 5 minutes before serving.