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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Net Carrying Amount of Goodwill by Segment

The change in the net carrying amount of goodwill for the years ended December 31, 2015 and 2014 by segment is as follows (in thousands):

 

     Steel
Mills
     Steel
Products
     Raw
Materials
     Total  

Balance, December 31, 2013

   $ 495,897       $ 774,486       $ 703,225       $ 1,973,608   

Acquisitions

     98,505         —           —           98,505   

Translation

     —           (30,112      —           (30,112

Other

     —           311         26,352         26,663   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance, December 31, 2014

     594,402         744,685         729,577         2,068,664   

Translation

     —           (53,618      —           (53,618

Other

     (3,768      —           —           (3,768
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance, December 31, 2015

   $ 590,634       $ 691,067       $ 729,577       $ 2,011,278   
  

 

 

    

 

 

    

 

 

    

 

 

 
Schedule of Intangible Assets

Intangible assets with estimated useful lives of 5 to 22 years are amortized on a straight-line or accelerated basis and are comprised of the following (in thousands):

 

     December 31, 2015      December 31, 2014  
     Gross Amount      Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Customer relationships

   $ 1,185,299       $ 517,817       $ 1,199,942       $ 454,353   

Trademarks and trade names

     155,864         57,756         158,584         48,356   

Other

     23,025         17,943         22,823         16,547   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 1,364,188       $ 593,516       $ 1,381,349       $ 519,256