The only material to use to "rub in" LSO or True Oil is not steel wool, its not a soft lint free cloth.
The proper tool is the palm of your hand, Hand rub the oil in. Rub fast enough that the friction causes a bit of heat.
You'll end up with a great finish, and you rub the oil in, not off.
CPT USAR Ret
USAMU Sniper School Oct '78
Distinguished Rifle Badge 1071