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Debt (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Long-term Debt

Long-term debt consisted of the following at December 31, 2013 and 2012:

 

     At December 31,  
     2013      2012  
     (In millions)  

Ryerson Secured Credit Facility

   $ 369.1       $ 383.5   

9% Senior Secured Notes due 2017

     600.0         600.0   

11  14% Senior Notes due 2018

     300.0         300.0   

Foreign debt

     25.7         21.9   
  

 

 

    

 

 

 

Total debt

     1,294.8         1,305.4   

Less:

     

Short-term credit facility borrowings

     6.6         13.5   

Foreign debt

     25.7         21.8   
  

 

 

    

 

 

 

Total long-term debt

   $ 1,262.5       $ 1,270.1   
  

 

 

    

 

 

 

Principal Payments on Debt

The principal payments required to be made on debt during the next five fiscal years are shown below:

 

     Amount  
     (In millions)  

For the year ended December 31, 2014

   $ 25.7   

For the year ended December 31, 2015

     —    

For the year ended December 31, 2016

     —    

For the year ended December 31, 2017

     969.1   

For the year ended December 31, 2018

     300.0   

For the years ended thereafter

     —