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Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments [Table Text Block]
Summarized financial statement data for all investees is presented below:
 
 
2019
 
2018
 
2017
Revenue
 
$
330.2

 
$
329.8

 
$
292.7

Gross profit
 
94.6

 
91.0

 
88.9

Net income (loss)
 
15.5

 
19.4

 
20.7

 
 
2019
 
2018
Current assets
 
$
114.2

 
$
123.6

Noncurrent assets
 
80.3

 
74.4

Current liabilities
 
18.8

 
16.9

Noncurrent liabilities
 
96.1

 
54.2



Investees and equity ownership percentages are presented below:
 
 
Equity Ownership %
Combined Metals of Chicago, LLC
 
40.0%
Delaco Processing, LLC
 
49.0%
Rockport Roll Shop LLC
 
50.0%
Spartan Steel Coating, LLC
 
48.0%


Schedule of Related Party Transactions [Table Text Block] Transactions with all equity investees for the years indicated are presented below:
 
2019
 
2018
 
2017
Sales to equity investees
$
67.6

 
$
104.4

 
$
80.6

Purchases from equity investees
42.3

 
31.2

 
33.0


Outstanding receivables and payables with all equity investees as of the end of the year indicated are presented below:
 
2019
 
2018
Accounts receivable from equity investees
$
1.5

 
$
1.9

Accounts payable to equity investees
3.9

 
6.4