Ingredients

1 small ancho chile, stemmed, seeded and halved

1/4 C toasted cumin seeds

2/3 C light cream

1/4 tsp dried oregano

Freshly ground pepper

Salt

Four 1/2 lb. ribeye steaks, about 1/2 in. thick

1/2 C water

Preparation

Heat a small iron skillet. Using a spatula, press the chile into the skillet, skin side down, and toast over moderately high heat until beginning to blister, 1 to 2 minutes. Transfer to a plate. Add the cumin seeds to the skillet and toast until fragrant, about 30 seconds. Add to the chile.

Cut the chile into small pieces and transfer to a saucepan. Add the cumin, cream, oregano and 1/8 tsp. pepper. Bring to a boil and simmer over moderate heat, stirring, until reduced to about 1/2 C, 6 to 8 minutes. Strain the sauce, return it to the saucepan and keep warm.

Sprinkle 2 large cast-iron skillets with a scant 1/4 tsp. salt each and heat until almost smoking. Add the steaks and cook 2-3 minutes per side. Plate the steaks and top with the sauce.