I wouldn't use steel
The age of your gun ("nickelSteel) argues against it. It will screw up (ruin) your choke. Guns made before the 1950s when plastic shot cups came into use, are choked "tighter" than todays guns. I mean there is more constriction in the choke than there is today.
They needed the extra choke to get correct pattern percentages with the old card/fiber wad type shotshells. If you pattern your model 12 (mod), with current ammo, you will likely find it patterns at or near "full choke" percentage. My grandfather's rule was you could balance a dime on the muzzle of a full choked gun. With the guns of his day, you could. Try it today and the dime falls through.
Since the old guns "squeeeze" the shot column harder than todays guns, and since "steel" shot doesn't compress like lead shot, there is a lot more stress on the gun barrel than it was ever intended for. NOT A GOOD IDEA!
Using steel in these old guns results in the choke getting "shot out" (best case), or the barrel bursting (worst case). And nobody can say how many rounds it will take. It may take 10 boxes and be ok, or it may suffer damage from the very first round. Just don't do it.
After decades of using a Model 12, and an old Ithaca SxS, I bought a Remington 870 Express when steel bacame the law for waterfowl. No way was I going to shoot that stuff through my fine old guns!