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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets    
Cash and equivalents $ 477,861 $ 375,917
Investments in short-term commercial paper   31,520
Accounts receivable, net 703,896 599,499
Accounts receivable-related parties 49,405 42,864
Inventories 1,170,159 1,202,507
Deferred income taxes 23,564 23,449
Other current assets 24,056 20,469
Total current assets 2,448,941 2,296,225
Property, plant and equipment, net 2,232,413 2,231,198
Restricted cash 23,400 27,749
Intangible assets, net 408,832 416,635
Goodwill 736,912 738,542
Other assets 106,076 105,067
Total assets 5,956,574 5,815,416
Current liabilities    
Accounts payable 401,407 344,953
Accounts payable-related parties 9,225 15,144
Income taxes payable 13,438 16,941
Accrued payroll and benefits 59,488 85,802
Accrued interest 19,290 35,306
Accrued expenses 80,257 81,900
Current maturities of long-term debt 231,582 29,631
Total current liabilities 814,687 609,677
Long-term debt    
Term note 240,625 247,500
Senior notes 1,500,000 1,600,000
Convertible senior notes 287,496 287,496
Other long-term debt 41,093 37,610
Total long-term debt 2,069,214 2,172,606
Deferred income taxes 546,722 537,304
Other liabilities 19,947 19,173
Commitments and contingencies      
Redeemable noncontrolling interest 99,414 98,814
Equity    
Common stock voting, $.0025 par value; 900,000,000 shares authorized; 256,333,083 and 255,592,901 shares issued; and 220,333,057 and 219,522,655 shares outstanding, as of March 31, 2013 and December 31, 2012, respectively 639 637
Treasury stock, at cost; 36,000,026 and 36,070,246 shares, as of March 31, 2013 and December 31, 2012, respectively (719,076) (720,479)
Additional paid-in capital 1,045,973 1,037,687
Retained earnings 2,111,597 2,087,620
Total Steel Dynamics, Inc. equity 2,439,133 2,405,465
Noncontrolling interests (32,543) (27,623)
Total equity 2,406,590 2,377,842
Total liabilities and equity $ 5,956,574 $ 5,815,416