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Note H - Derivative Financial Instruments - Gain (Loss) Recognized in Other Comprehensive Income (Details) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Hot-rolled Coil Future Contracts [Member]        
Gain recognized in OCI $ 3,473,300      
Hot-rolled coil steel contracts (14,716,860)      
Hot-rolled coil steel contracts 3,473,300      
Hot-rolled coil steel contracts 14,716,860      
Total (14,716,860)      
Hot-rolled Coil Future Contracts [Member] | Cost of Sales [Member]        
Hot-rolled coil steel contracts 49,200      
Hot-rolled coil steel contracts (49,200)      
Total 49,200      
Hot-rolled Coil Future Contracts [Member] | Designated as Hedging Instrument [Member]        
Gain recognized in OCI 3,473,300      
Hot-rolled coil steel contracts 3,473,300      
Hot-rolled Coil Future Contracts [Member] | Designated as Hedging Instrument [Member] | Sales [Member]        
Hot-rolled coil steel contracts 14,766,060   $ 22,950,860 $ (396,720)
Hot-rolled coil steel contracts (14,766,060)   (22,950,860) 396,720
Total $ 14,766,060   22,950,860 (396,720)
Hotrolled Coil Futures Contracts 2 [Member]        
Gain recognized in OCI   $ 3,364,460 (6,609,540) 3,364,460
Hot-rolled coil steel contracts   396,720 (12,317,960) 396,720
Hot-rolled coil steel contracts   3,364,460 (6,609,540) 3,364,460
Hot-rolled coil steel contracts   (396,720) 12,317,960 (396,720)
Total   396,720 (12,317,960) 396,720
Hotrolled Coil Futures Contracts 2 [Member] | Cost of Sales [Member]        
Hot-rolled coil steel contracts     10,632,900  
Hot-rolled coil steel contracts     (10,632,900)  
Total     10,632,900  
Hotrolled Coil Futures Contracts 2 [Member] | Designated as Hedging Instrument [Member]        
Gain recognized in OCI   3,364,460 (6,609,540) 3,364,460
Hot-rolled coil steel contracts   3,364,460 $ (6,609,540) $ 3,364,460
Hotrolled Coil Futures Contracts 2 [Member] | Designated as Hedging Instrument [Member] | Sales [Member]        
Hot-rolled coil steel contracts   (396,720)    
Hot-rolled coil steel contracts   396,720    
Total   $ (396,720)