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SEGMENT INFORMATION (Details) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Jun. 30, 2012
Revenue $ 84,994,226 $ 77,293,342 $ 280,587,798 $ 258,760,839  
Revenue from related parties 54,554,833 32,641,713 134,014,810 89,264,631  
Revenue from other operating segments 0 0 0 0  
Total operating expenses 3,907,867 3,147,291 12,880,108 13,065,678  
Interest income 967,706 368,561 2,989,756 1,046,976  
Interest expense 2,579,181 3,484,944 8,453,617 7,652,460  
Depreciation and amortization expense 2,220,837 2,312,960 6,628,874 6,492,260  
Income tax (expense)/benefit 1,670,169 553,515 2,674,778 153,186  
Net segment profit/(loss) 3,880,020 1,275,171 10,487,697 9,061,912  
Capital expenditures 674,850 3,532,305 6,477,584 13,137,525  
Segment assets 474,916,988 484,747,189 474,916,988 484,747,189 433,525,265
Changshu Huaye [Member]
         
Revenue 19,186,646 22,682,523 91,621,864 91,344,305  
Revenue from related parties 14,605,106 9,628,855 18,113,359 13,340,581  
Revenue from other operating segments 1,812,361 2,939,039 13,291,525 30,584,987  
Total operating expenses 1,825,738 1,715,753 6,907,175 8,002,675  
Interest income 537,007 201,577 1,704,546 504,833  
Interest expense 501,139 511,787 1,405,858 1,237,112  
Depreciation and amortization expense 587,388 588,398 1,726,187 1,719,613  
Income tax (expense)/benefit 427,536 86,546 675,368 (162,421)  
Net segment profit/(loss) 1,672,661 489,380 3,762,451 1,217,938  
Capital expenditures 544 (20,484) 377,458 42,828  
Segment assets 239,166,787 258,288,503 239,166,787 258,288,503  
Jiangsu Cold-Rolled [Member]
         
Revenue 56,785,333 47,121,236 163,039,729 111,492,121  
Revenue from related parties 39,949,727 23,011,001 115,901,451 75,776,497  
Revenue from other operating segments 16,339,487 8,520,488 66,356,819 70,198,868  
Total operating expenses 1,025,929 470,342 3,067,938 1,691,877  
Interest income 342,590 92,345 1,076,817 392,486  
Interest expense 1,457,147 2,791,671 5,635,120 5,645,882  
Depreciation and amortization expense 1,302,420 1,481,765 3,788,208 3,806,154  
Income tax (expense)/benefit 963,702 455,156 2,046,275 87,584  
Net segment profit/(loss) 2,946,251 1,716,454 9,239,457 8,103,617  
Capital expenditures 668,645 3,521,894 2,175,800 12,973,010  
Segment assets 353,806,897 369,967,663 353,806,897 369,967,663  
Ningbo Zhehua [Member]
         
Revenue 7,299,004 5,103,041 20,284,200 34,739,377  
Revenue from related parties 0 1,857 0 147,553  
Revenue from other operating segments 0 0 0 0  
Total operating expenses 678,345 678,402 1,769,001 2,312,363  
Interest income 88,024 75,315 208,080 149,128  
Interest expense 24,300 53,912 98,365 213,640  
Depreciation and amortization expense 241,827 239,447 714,506 700,230  
Income tax (expense)/benefit 278,931 11,810 (46,865) 116,468  
Net segment profit/(loss) 298,031 (539,059) (147,291) (168,800)  
Capital expenditures 5,661 30,895 3,924,326 121,687  
Segment assets 36,787,588 46,153,969 36,787,588 46,153,969  
Sutor Technology [Member]
         
Revenue 1,723,243 2,363,043 5,635,251 5,495,116  
Revenue from related parties 0 0 0 0  
Revenue from other operating segments 0 0 0 0  
Total operating expenses 201,304 207,220 627,528 497,400  
Interest income 80 116 298 498  
Interest expense 0 0 0 0  
Depreciation and amortization expense 133,709 3,350 399,973 266,263  
Income tax (expense)/benefit 0 0 0 0  
Net segment profit/(loss) (85,156) (196,797) (334,807) (473,528)  
Capital expenditures 0 0 0 0  
Segment assets 33,327,808 33,949,134 33,327,808 33,949,134  
Inter-Segment and Reconciling Items [Member]
         
Revenue 0 23,499 6,754 15,689,920  
Revenue from related parties 0 0 0 0  
Revenue from other operating segments (18,151,848) (11,459,527) (79,648,344) (100,783,855)  
Total operating expenses 176,551 75,574 508,466 561,363  
Interest income 5 (792) 15 31  
Interest expense 596,595 127,574 1,314,274 555,826  
Depreciation and amortization expense (44,507) 0 0 0  
Income tax (expense)/benefit 0 3 0 111,555  
Net segment profit/(loss) (951,767) (194,807) (2,032,113) 382,685  
Capital expenditures 0 0 0 0  
Segment assets $ (188,172,092) $ (223,612,080) $ (188,172,092) $ (223,612,080)