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Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded (Fair Value, Measurements, Recurring [Member], USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Total assets at fair value	$ 1,350us-gaap_DerivativeAssets	$ 487us-gaap_DerivativeAssets
Embedded customer derivative	1,350us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
Total liabilities at fair value	1,863us-gaap_DerivativeLiabilities	1,051us-gaap_DerivativeLiabilities
Embedded customer derivative		487us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeAsset
Chicago Tube and Iron Company Acquisition [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Interest rate swap	162us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_BusinessAcquisitionAxis = zeus_ChicagoTubeAndIronCompanyAcquisitionMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember	178us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_BusinessAcquisitionAxis = zeus_ChicagoTubeAndIronCompanyAcquisitionMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Chicago Tube and Iron Company Acquisition [Member] | Interest Rate Swap [Member]
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Interest rate swap	162us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_BusinessAcquisitionAxis = zeus_ChicagoTubeAndIronCompanyAcquisitionMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember	178us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_BusinessAcquisitionAxis = zeus_ChicagoTubeAndIronCompanyAcquisitionMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Fair Value, Inputs, Level 2 [Member] | Metals Swap [Member]
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Metals swaps	1,350us-gaap_DerivativeAssetsCurrent / us-gaap_DerivativeInstrumentRiskAxis = zeus_MetalsSwapMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Metals swaps		487us-gaap_DerivativeLiabilitiesCurrent / us-gaap_DerivativeInstrumentRiskAxis = zeus_MetalsSwapMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member] | ABL Credit Facility [Member]
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Interest rate swap	351us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_CreditFacilityAxis = zeus_ABLCreditFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember	386us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_CreditFacilityAxis = zeus_ABLCreditFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Fair Value, Inputs, Level 2 [Member]
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Total assets at fair value	1,350us-gaap_DerivativeAssets / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember	487us-gaap_DerivativeAssets / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Embedded customer derivative	1,350us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Total liabilities at fair value	1,863us-gaap_DerivativeLiabilities / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember	1,051us-gaap_DerivativeLiabilities / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Embedded customer derivative		487us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeAsset / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Metals Swap [Member]
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Metals swaps	1,350us-gaap_DerivativeAssetsCurrent / us-gaap_DerivativeInstrumentRiskAxis = zeus_MetalsSwapMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Metals swaps		487us-gaap_DerivativeLiabilitiesCurrent / us-gaap_DerivativeInstrumentRiskAxis = zeus_MetalsSwapMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
Interest Rate Swap [Member] | ABL Credit Facility [Member]
Note 7 - Fair Value of Financial Instruments (Details) - Fair Value Measurements, Recorded [Line Items]
Interest rate swap	$ 351us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_CreditFacilityAxis = zeus_ABLCreditFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember	$ 386us-gaap_InterestRateDerivativeLiabilitiesAtFairValue / us-gaap_CreditFacilityAxis = zeus_ABLCreditFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember

X

- Definition

Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.

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