Long-term Debt and Other Financing Long-term Debt and Other Financing (Tables)

9 Months Ended

Sep. 30, 2012

Long-term Debt and Other Financing [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

At September 30, 2012 and December 31, 2011, the Company’s debt balances, including current portions, were as follows:

	September 30, 2012			December 31, 2011
Credit Facility	$	442.0		$	250.0
7.625% Senior Notes due May 2020	550.0			550.0
8.375% Senior Notes due April 2022	300.0			—
Industrial Revenue Bonds due 2012 through 2028	101.0			101.5
Unamortized debt discount	(0.8		)	(0.8		)
Total debt	1,392.2			900.7
Less:
Borrowings under Credit Facility classified as short-term	42.0			250.0
Current portion of long-term debt	0.7			0.7
Total long-term debt	$	1,349.5		$	650.0

Schedule of Purchase Price Redemption Percentage [Table Text Block]

At any time prior to April 1, 2017, AK Steel may redeem the 2022 Notes, in whole or in part, at a redemption price equal to par, plus accrued and unpaid interest and a “make-whole” premium calculated in accordance with the indentures governing the 2022 Notes. In addition, AK Steel may redeem the 2022 Notes, in whole or in part, at any time on or after April 1, 2017, at the redemption price for such notes, set forth below as a percentage of the face amount, plus accrued and unpaid interest to the redemption date, if redeemed during the twelve-month period commencing on April 1 of the years indicated below:

Year	Redemption Price
2017	104.188	%
2018	102.792	%
2019	101.396	%
2020 or thereafter	100.000	%