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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Net sales      
Unrelated parties $ 8,481,567us-gaap_SalesRevenueGoodsNet $ 7,087,101us-gaap_SalesRevenueGoodsNet $ 7,007,417us-gaap_SalesRevenueGoodsNet
Related parties 274,385us-gaap_RevenueFromRelatedParties 285,823us-gaap_RevenueFromRelatedParties 282,817us-gaap_RevenueFromRelatedParties
Total net sales 8,755,952us-gaap_SalesRevenueNet 7,372,924us-gaap_SalesRevenueNet 7,290,234us-gaap_SalesRevenueNet
Costs of goods sold 7,789,741us-gaap_CostOfGoodsSold 6,653,780us-gaap_CostOfGoodsSold 6,570,336us-gaap_CostOfGoodsSold
Gross profit 966,211us-gaap_GrossProfit 719,144us-gaap_GrossProfit 719,898us-gaap_GrossProfit
Selling, general and administrative expenses 316,214us-gaap_OtherSellingGeneralAndAdministrativeExpense 272,777us-gaap_OtherSellingGeneralAndAdministrativeExpense 257,943us-gaap_OtherSellingGeneralAndAdministrativeExpense
Profit sharing 42,126us-gaap_OtherLaborRelatedExpenses 27,764us-gaap_OtherLaborRelatedExpenses 26,987us-gaap_OtherLaborRelatedExpenses
Amortization of intangible assets 27,551us-gaap_AmortizationOfIntangibleAssets 31,770us-gaap_AmortizationOfIntangibleAssets 35,553us-gaap_AmortizationOfIntangibleAssets
Impairment charges 260,000us-gaap_AssetImpairmentCharges 308us-gaap_AssetImpairmentCharges 8,250us-gaap_AssetImpairmentCharges
Operating income 320,320us-gaap_OperatingIncomeLoss 386,525us-gaap_OperatingIncomeLoss 391,165us-gaap_OperatingIncomeLoss
Interest expense, net of capitalized interest 137,263us-gaap_InterestExpense 127,728us-gaap_InterestExpense 158,585us-gaap_InterestExpense
Other (income) expense, net 18,254us-gaap_OtherNonoperatingIncomeExpense (4,033)us-gaap_OtherNonoperatingIncomeExpense 28,514us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 164,803us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 262,830us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 204,066us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 73,153us-gaap_IncomeTaxExpenseBenefit 99,314us-gaap_IncomeTaxExpenseBenefit 61,785us-gaap_IncomeTaxExpenseBenefit
Net income 91,650us-gaap_ProfitLoss 163,516us-gaap_ProfitLoss 142,281us-gaap_ProfitLoss
Net loss attributable to noncontrolling interests 65,374us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 25,798us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 21,270us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Steel Dynamics, Inc. $ 157,024us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 189,314us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 163,551us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic earnings per share attributable to Steel Dynamics, Inc. stockholders (in dollars per share) $ 0.68us-gaap_EarningsPerShareBasic $ 0.86us-gaap_EarningsPerShareBasic $ 0.75us-gaap_EarningsPerShareBasic
Weighted average common shares outstanding (in shares) 232,547us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 220,916us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 219,159us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted earnings per share attributable to Steel Dynamics, Inc. stockholders, including the effect of assumed conversions when dilutive (in dollars per share) $ 0.67us-gaap_EarningsPerShareDiluted $ 0.83us-gaap_EarningsPerShareDiluted $ 0.73us-gaap_EarningsPerShareDiluted
Weighted average common shares and share equivalents outstanding (in shares) 242,078us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 238,996us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 236,624us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends declared per share (in dollars per share) $ 0.46us-gaap_CommonStockDividendsPerShareDeclared $ 0.44us-gaap_CommonStockDividendsPerShareDeclared $ 0.40us-gaap_CommonStockDividendsPerShareDeclared