Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE INSTRUMENTS (Narrative) (Details)

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DERIVATIVE INSTRUMENTS (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Derivative [Line Items]          
Derivative Asset, Current $ 89.5   $ 89.5   $ 33.1
Derivative Liability, Current 9.3   9.3   0.5
Customer Supply Agreement [Member] | Not Designated as Hedging Instrument [Member] | Product Revenues [Member]          
Derivative [Line Items]          
Amount of gain/(loss) recognized in income on derivative 54.4 $ 7.1 123.6 $ 26.8  
Customer Supply Agreement [Member] | Not Designated as Hedging Instrument [Member] | Derivative Financial Instruments, Assets [Member]          
Derivative [Line Items]          
Derivative Asset, Current 84.8   84.8   21.3
Provisional Pricing Arrangements [Member] | Not Designated as Hedging Instrument [Member] | U S Iron Ore And Asia Pacific Iron Ore [Member] | Product Revenues [Member]          
Derivative [Line Items]          
Amount of gain/(loss) recognized in income on derivative 13.1 $ 4.5 32.9 $ 22.9  
Provisional Pricing Arrangements [Member] | Not Designated as Hedging Instrument [Member] | U S Iron Ore And Asia Pacific Iron Ore [Member] | Derivative Financial Instruments, Assets [Member]          
Derivative [Line Items]          
Derivative Asset, Current 4.7   4.7   10.3
Provisional Pricing Arrangements [Member] | Not Designated as Hedging Instrument [Member] | U S Iron Ore And Asia Pacific Iron Ore [Member] | Derivative Financial Instruments, Liabilities [Member]          
Derivative [Line Items]          
Derivative Liability, Current $ 9.3   $ 9.3   $ 0.5