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Description of Hanger Steak (aka Butcher's steak) | G1 Certified
The hanger steak is considered a butcher's best kept secret. It comes from the muscle that helps support the diaphragm between a cow’s rib and loin. It's just sort of "hanging there" and it does absolutely nothing resulting in one of the most tender steaks.
The hanger steak is very exclusive; it's even rarer than the tenderloin and frankly, much more interesting.
There is only ONE hanger steak per animal. So a 1,200 pound animal that yields 800 of beef only has one hanger steak of about 16-32 ounces making it a rare gem.
Cook it any way you like, but do not overcook. You are looking for a nice medium. The hanger is a bit tricky, too rare and it will be a bit slimy, too cooked and it will lose its tenderness.