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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2012
Business Acquisition [Line Items]  
Summary of consideration paid for Acquisition
         
    Consideration  
    (In millions)  

Cash

  $ 20.0  

Holdback (1)

    3.6  
   

 

 

 

Total

  $ 23.6  
   

 

 

 

 

(1) Any remaining holdback amount not used for undisclosed obligations is payable to the seller within 18 months from the acquisition date.
Summary consolidated results of operations
                                 
    Pro Forma  
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  
    (In millions)  

Net sales

  $ 1,090.6     $ 1,324.9     $ 2,212.2     $ 2,557.0  

Net income (loss) attributable to Ryerson Inc.

    30.6       (4.6     68.8       0.9  
Singer Steel Company [Member]
 
Business Acquisition [Line Items]  
Summary of estimated fair values of the assets acquired and liabilities
         
    At March 14,
2011
 
    (In millions)  

Cash

  $ 0.3  

Restricted cash

    6.5  

Accounts receivable

    7.3  

Inventory

    16.3  

Property, plant, and equipment

    8.2  

Intangible assets

    4.3  

Other assets

    0.2  
   

 

 

 

Total identifiable assets acquired

    43.1  
   

 

 

 

Current liabilities

    11.4  

Deferred tax liabilities

    2.3  
   

 

 

 

Total liabilities assumed

    13.7  
   

 

 

 

Net identifiable assets acquired

    29.4  

Bargain purchase

    (5.8
   

 

 

 

Net assets acquired

  $ 23.6  
   

 

 

 
Turret Steel [Member]
 
Business Acquisition [Line Items]  
Summary of estimated fair values of the assets acquired and liabilities
         
    At December 9,
2011
 
    (In millions)  

Cash

  $ 1.8  

Accounts receivable

    12.0  

Inventory

    26.7  

Property, plant, and equipment

    2.9  

Intangible assets

    45.1  

Goodwill

    25.1  

Other assets

    1.2  
   

 

 

 

Total identifiable assets acquired

    114.8  
   

 

 

 

Current liabilities

    17.5  

Deferred tax liabilities

    18.5  
   

 

 

 

Total liabilities assumed

    36.0  
   

 

 

 

Net assets acquired

  $ 78.8