Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

The following table reflects the activity associated with goodwill during the year ended December 31, 2015:

(In millions)	RANA		RAEU			Total
Balance, December 31, 2014	$	—	$	—		$	—
Acquisition of Real Alloy		95.4		9.2			104.6
Currency translation adjustments		—		(0.3	)		(0.3	)
Balance, December 31, 2015	$	95.4	$	8.9		$	104.3

Intangible Assets

Intangible assets consisted of the following as of December 31, 2015 and 2014:

	December 31,
(In millions)	2015			2014
Customer relationships	$	17.0		$	—
Product formulations		0.2			0.2
Accumulated amortization		(2.1	)		(0.1	)
Intangible assets, net	$	15.1		$	0.1

Summary of Estimated Future Amortization of Intangible Assets

The following table presents the estimated amortization of intangible assets in future periods:

(In millions)
	2016	$	2.5
	2017		2.4
	2018		2.5
	2019		2.4
	2020		2.5
Thereafter			2.8
Amortization of intangible assets		$	15.1