Property, Plant And Equipment

3 Months Ended

Mar. 31, 2012

Property, Plant And Equipment [Abstract]

3.	Property, Plant and Equipment

Property, plant and equipment were comprised of the following:


	(in thousands)
	March 31, 2012			December 31, 2011

Land and land improvements	$	4,974		$	4,974
Buildings		41,473			41,433
Machinery and equipment		225,085			224,426
Construction-in-progress		15,348			12,446
Other		8,451			8,419

		295,331			291,698
Accumulated depreciation		(144,417	)		(141,458	)

	$	150,914		$	150,240

Land and buildings of Union Electric Steel UK Limited (UES-UK) equal to approximately $1,300,000 (£836,000) at March 31, 2012 are held as collateral by the trustees of the UES-UK contributory defined benefit pension plan (see Note 5).

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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