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Acquisitions And Strategic Partnership (Narrative) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 1 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Feb. 29, 2012
Latrobe Specialty Metals, Inc. [Member]
Mar. 31, 2012
Latrobe Specialty Metals, Inc. [Member]
Mar. 31, 2012
Latrobe Specialty Metals, Inc. [Member]
Dec. 31, 2010
Sandvik Powdermet AB [Member]
Dec. 31, 2010
Carpenter Powder Products AB [Member]
Dec. 15, 2011
Arwin Machining Plus, Ltd. [Member]
Dec. 31, 2010
Amega West Services, LLC [Member]
Jun. 27, 2011
Oilfield Alloys [Member]
Business Acquisition [Line Items]                        
Shares issued through business acquisition         8.1              
Intangible assets                       $ 1.5
Debt assumed in acquisition         153.7           12.4  
Acquisition related costs 7.9   11.7 0.7   7.9 11.7          
Transaction costs           5.2 5.2          
Net sales since acquisition 622.0 577.8 1,696.0 1,481.9   42.0 42.0          
Operating income since acquisition     2.2     2.2            
Amount of goodwill expected to be tax deductible relating to the Amega West acquisition                     8.3  
Cash purchase price of acquired entity         427.0     6.2 9.1 1.4 41.6 4.8
Cash Acquired from Acquisition         2.5             0.3
Cash purchase price held back to pay earn-out participants                     2.8  
Earnout payments, guaranteed amount included in total purchase price                     2.2  
Ownership interest held by parent               40.00%        
Ownership interest held by noncontrolling owners                 40.00%      
Current annual revenues reported by entity               20 20      
Cash paid         11.5             4.1
Net cash acquired         2.5             0.3
Remaining purchase price                       0.7
Purchase price allocation of working capital                       1.2
Property, plant and equipment         173.8         0.7 25.9 1.7
Goodwill         $ 201.3         $ 0.7 $ 9.7 $ 0.4