FAIR VALUE OF FINANCIAL INSTRUMENTS (Narrative) (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 6 Months Ended | 6 Months Ended | 12 Months Ended | 6 Months Ended | 12 Months Ended | 6 Months Ended | 12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2013
|
Jun. 30, 2012
|
Jun. 30, 2013
|
Jun. 30, 2012
|
Dec. 31, 2012
|
Jun. 30, 2013
Empire [Member]
|
Dec. 31, 2012
Empire [Member]
|
Dec. 31, 2002
Empire [Member]
|
Dec. 31, 2002
Prior [Member]
Empire [Member]
|
Dec. 31, 2002
Current [Member]
Empire [Member]
|
Jun. 30, 2013
Other Current Assets [Member]
Empire [Member]
|
Dec. 31, 2012
Other Current Assets [Member]
Empire [Member]
|
Jun. 30, 2013
U.S. Iron Ore [Member]
|
Dec. 31, 2012
U.S. Iron Ore [Member]
|
Jun. 30, 2013
Amapa [Member]
|
Dec. 31, 2012
Amapa [Member]
|
Jun. 30, 2013
Equity Method Investments [Member]
Amapa [Member]
|
Dec. 31, 2012
Equity Method Investments [Member]
Amapa [Member]
|
|
Fair Value, Assets And Liabilities Components [Line Items] | ||||||||||||||||||
Transfers out of Level 3 | $ 0 | $ 0 | $ 0 | $ 0 | ||||||||||||||
Transfers into Level 3 | 0 | 0 | 0 | 0 | ||||||||||||||
Management Estimate of 62% Fe | 62.00% | |||||||||||||||||
Maximum deferred portion of supplemental payments | 22.3 | |||||||||||||||||
Supply agreement, customer receivable, stated interest rate | 9.00% | 9.00% | ||||||||||||||||
Supply agreement, customer receivable, description of variable rate basis | prime rate | |||||||||||||||||
Payments for (Proceeds from) Loans Receivable | 22.3 | |||||||||||||||||
Other current assets | 316.3 | 316.3 | 321.6 | 22.3 | ||||||||||||||
Supply agreement, customer receivable, basis spread on variable rate | 3.50% | 3.50% | ||||||||||||||||
Fair value of the receivable | 16.7 | 21.3 | 21.3 | |||||||||||||||
Estimated credit-adjusted risk-free interest rate | 2.40% | 2.85% | 2.81% | |||||||||||||||
Interest Percentage | 46.70% | 30.00% | ||||||||||||||||
Equity Method Investments, Fair Value Disclosure | 0 | 72.5 | ||||||||||||||||
Percent ownership interest after transaction | 79.00% | |||||||||||||||||
Long term accounts notes and loans receivable net noncurrent | 15.4 | 19.3 | 120.0 | 10.0 | 10.0 | |||||||||||||
Equity Method Investment, Other than Temporary Impairment | $ 67.6 | $ 365.4 |