Sprinkle the black pepper, salt, garlic powder & onion powder on both steaks, top & bottom.
Heat a frying pan with the olive oil, over medium heat. Place both steaks in the pan & cook for a minute on both sides. Reduce heat to low & add the balsamic vinegar & red wine.
Cover the pan & cook for an additional 3-4 minutes on both sides. When you turn over the steaks, baste with some of the sauce mixture from the pan.
Remove the steaks from the pan & top off with some of the sauce from the pan, then serve.