- 1 pound hanger steak, about 1-inch thick, trimmed (see note)
- 3 tablespoons olive oil
- 1 tablespoon thyme leaves
- salt and freshly ground pepper
- 2 large shallots, thinly sliced
- Rub the steak with 2 tablespoons of the olive oil and coat with the thyme. Season with salt and pepper.
- In a large cast-iron skillet, heat the remaining 1 tablespoon of olive oil until shimmering. Add the meat and pan-fry over moderately high heat until browned and crusty, about 4 minutes per side for medium rare. Transfer the steak to a cutting board and let stand for 5 minutes.
- Add the shallots to the skillet and cook over moderately high heat, stirring occasionally, until softened and browned, about 3 minutes.
- Thickly slice the steak across the grain and arrange on plates. Spoon the sauteed shallots on top of the steak and serve immediately.