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Business Segments (Details 2) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Jun. 30, 2012
Segment Data          
Net sales $ 533.5 $ 431.1 $ 1,078.5 $ 845.2  
Pension earnings, interest & deferrals (8.0) (3.6) (16.0) (7.2)  
Operating income 52.7 43.9 114.3 87.9  
Depreciation and amortization 25.5 18.6 51.1 37.2  
Capital Expenditures 80.5 33.0 136.9 60.3  
Assets 2,582.2   2,582.2   2,627.8
Specialty Alloys Operations
         
Segment Data          
Net sales 368.3 360.5 730.0 696.3  
Operating income 49.6 50.9 104.1 97.2  
Depreciation and amortization 13.8 13.0 27.5 26.1  
Capital Expenditures 68.2 22.0 106.8 39.6  
Assets 1,332.6   1,332.6   1,293.3
Latrobe
         
Segment Data          
Net sales 113.9 9.5 235.8 19.6  
Operating income 13.2 0.7 28.9 1.2  
Depreciation and amortization 5.7 0.1 11.4 0.2  
Capital Expenditures 7.1   15.3    
Assets 796.1   796.1   807.5
Performance Engineered Products
         
Segment Data          
Net sales 92.9 82.3 191.6 166.5  
Operating income 8.9 10.4 20.4 22.2  
Depreciation and amortization 4.7 4.3 9.4 8.5  
Capital Expenditures 4.1 10.2 12.6 18.8  
Assets 398.6   398.6   394.7
Intersegment
         
Segment Data          
Net sales (41.6) (21.2) (78.9) (37.2)  
Operating income (0.4) (1.9) (2.2) (2.7)  
Depreciation and amortization (0.1) (0.1) (0.2) (0.2)  
Capital Expenditures (0.4) (0.7) (0.9) (1.4)  
Assets (57.8)   (57.8)   (18.7)
Corporate
         
Segment Data          
Operating income (10.6) (12.6) (20.9) (22.8)  
Depreciation and amortization 1.4 1.3 3.0 2.6  
Capital Expenditures 1.5 1.5 3.1 3.3  
Assets $ 112.7   $ 112.7   $ 151.0