Arrange medium-hot coals on one side of grill.
Place steaks on rack directly over coals.
Cover; lightly sear on both sides, 8 minutes.
Move to unheated side of grill.
Cover; grill 4 to 6 minutes more for medium rare (145°F).
Remove; let stand 5 minutes. (For gas grill, preheat to medium-high.
Adjust for indirect grilling. Grill as above.)