Armco Metals (AMCO) 10-Q 14 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 14, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Armco Metals Holdings, Inc.
Trading Symbol	AMCO
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		8,179,701
Amendment Flag	false
Entity Central Index Key	1,410,711
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash	$ 915,918	$ 1,884,887
Pledged deposits	10,254	498,615
Marketable securities	3,471	73,943
Accounts receivable, net	18,877,616	43,202,886
Inventories, net	14,372,438	9,154,463
Advance on purchases	27,719,663	1,093,402
Prepayments and other current assets	941,017	1,164,603
Total Current Assets	62,840,377	57,072,799
Property, plant and equipment, net	31,392,928	32,563,929
Land use rights, net	6,083,827	6,108,283
Deferred tax assets	297,842	279,563
Total Assets	100,614,974	96,024,574
CURRENT LIABILITIES:
Loans payable	11,349,788	17,011,843
Banker's acceptance notes payable and letters of credit	1,778,555	1,767,790
Current maturities of capital lease obligation	0	720,819
Accounts payable	2,970,014	5,497,866
Due to related parties	582,618	717,703
Customer deposits	26,000,106	1,467,281
Corporate income tax payable	817,202	815,073
Value added tax and other taxes payable	3,958,379	5,747,470
Deferred tax liabilities	727,305	2,965,196
Accrued expenses and other current liabilities	2,833,108	3,850,095
Total Current Liabilities	51,186,192	41,438,212
Total Liabilities	51,186,192	41,438,212
STOCKHOLDERS' EQUITY:
Preferred stock, $0.001 par value; 1,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.001 par value, 200,000,000 shares authorized, 7,829,550 and 5,615,088 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively	7,829	5,615
Additional paid-in capital	48,972,826	45,968,908
Retained earnings (deficit)	(4,154,828)	4,491,948
Accumulated other comprehensive income	4,602,955	4,119,891
Total Stockholders' Equity	49,428,782	54,586,362
Total Liabilities and Stockholders' Equity	100,614,974	96,024,574
Chairman and CEO [Member]
CURRENT LIABILITIES:
Advances received from Chairman and CEO	$ 169,117	$ 877,076

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Preferred stock par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	7,829,550	5,615,088
Common stock, shares outstanding	7,829,550	5,615,088

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
NET REVENUES	$ 36,901,969	$ 32,879,242	$ 79,971,983	$ 42,797,893
COST OF GOODS SOLD	44,950,003	29,816,401	91,910,719	40,898,856
GROSS PROFIT	(8,048,034)	3,062,841	(11,938,736)	1,899,037
OPERATING EXPENSES:
Selling expenses	11,553	101,835	21,090	202,690
Professional fees	211,134	141,328	288,338	355,782
General and administrative expenses	579,702	537,454	1,467,914	1,975,580
Operating cost of idle manufacturing facility	369,786	472,242	825,333	1,007,214
Total operating expenses	1,172,175	1,252,859	2,602,675	3,541,266
INCOME (LOSS) FROM OPERATIONS	(9,220,209)	1,809,982	(14,541,411)	(1,642,229)
OTHER (INCOME) EXPENSE:
Interest income	(58)	(532)	(153)	(98,800)
Interest expense	690,022	1,968,830	972,895	2,641,772
Loss on sales of marketale securities	45,767		204,766
Change in fair value of derivative liabilities	(150,187)	586,884	(134,760)	108,975
Loan guarantee expense				13,002
Gain on forgiveness of short-term debt	(6,918)		(4,081,366)
Government grants			(475,928)
Other (income) expense	(29,366)	16,725	(114,752)	75,028
Total other (income) expense	549,260	2,571,907	(3,629,298)	2,739,977
LOSS BEFORE INCOME TAX PROVISION	(9,769,469)	(761,925)	(10,912,113)	(4,382,206)
INCOME TAX PROVISION	(2,155,528)		(2,265,337)
NET LOSS	(7,613,941)	(761,925)	(8,646,776)	(4,382,206)
OTHER COMPREHENSIVE INCOME (LOSS):
Change in unrealized income (loss) on marketable securities	32,557	10,530	180,859	32,468
Foreign currency translation gain (loss)	(40,678)	35,780	302,205	(372,778)
COMPREHENSIVE LOSS	$ (7,622,062)	$ (715,615)	$ (8,163,712)	$ (4,722,516)
NET LOSS PER COMMON SHARE - BASIC AND DILUTED:
Net loss per common share - basic and diluted (in Dollars per share)	$ (1.18)	$ (0.15)	$ (1.41)	$ (1.09)
Weighted Average Common Shares Outstanding - basic and diluted (in Shares)	6,471,019	5,080,846	6,111,283	4,032,035

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2015 - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]	Accumulated Foreign Currency Adjustment Attributable to Parent [Member]	Total
Balance, December 31, 2014 at Dec. 31, 2014	$ 5,615	$ 45,968,908	$ 4,491,948	$ (429,142)	$ 4,549,033	$ 54,586,362
Balance, December 31, 2014 (in Shares) at Dec. 31, 2014	5,615,088					5,615,088
Issuance common shares for employees	$ 260	355,327				$ 355,587
Issuance common shares for employees (in Shares)	260,106
Issuance of common shares for third party services	$ 74	77,726				77,800
Issuance of common shares for third party services (in Shares)	74,167
Issuance of common shares in conversion of convertible notes	$ 1,229	1,133,281				1,134,510
Issuance of common shares in conversion of convertible notes (in Shares)	1,229,279
Issuance of common shares in conversion of advances from Chairman and CEO	$ 651	975,715				976,366
Issuance of common shares in conversion of advances from Chairman and CEO (in Shares)	650,910
Reclassification of derivative liabilities due to conversion of convertible notes		461,869				461,869
Net loss			(8,646,776)			(8,646,776)
Change in unrealized gain on marketable securities				180,859		180,859
Foreign currency translation gain (loss)					302,205	302,205
Balance June 30, 2015 at Jun. 30, 2015	$ 7,829	$ 48,972,826	$ (4,154,828)	$ (248,283)	$ 4,851,238	$ 49,428,782
Balance June 30, 2015 (in Shares) at Jun. 30, 2015	7,829,550					7,829,550

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (8,646,776)	$ (4,382,206)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation expense	1,364,119	1,405,506
Amortization expense	26,890	61,322
Gain on disposal of property plant and equipment		(339)
Deferred income taxes	(2,266,366)
Gain on forgiveness of capital lease obligation	(125,371)
Gain on forgiveness of short-term debt	(4,081,366)
Change in fair value of derivative liabilities	(134,760)	108,975
Loss on sales of marketale securities	204,766
Amortization of debt discount	504,249	1,985,325
Stock based compensation	355,587	1,182,781
Shares issued for third party services	77,800
Changes in operating assets and liabilities:
Accounts receivable	24,521,722	2,116,260
Inventories	(5,148,146)	7,077,767
Advance on purchases	(25,339,535)	(538,812)
Prepayments and other current assets	(981,334)	396,061
Banker's acceptance notes payable and letters of credit		(6,663,274)
Accounts payable	(2,553,235)	(7,266,050)
Customer deposits	24,457,430	1,237,852
Taxes payable	(1,819,149)	315,184
Accrued expenses and other current liabilities	(1,025,609)	29,042
NET CASH USED IN OPERATING ACTIVITIES	(609,084)	(2,934,606)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from release of pledged deposits	227	5,932,261
Payment made towards pledged deposits		(1,809,397)
Proceeds from disposal of property, plant and equipment		1,628
Cash received from sales of marketable securities	46,565
NET CASH PROVIDED BY INVESTING ACTIVITIES	46,792	4,124,492
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from loans payable	163,255	11,535,286
Repayment of loans payable	(508,177)	(12,970,719)
Proceeds from capital lease obligation		162,600
Repayment of capital lease obligation	(107,712)
Advances from Chairman and CEO	158,537	144
Repayment to related parties	(134,498)	(32,534)
NET CASH USED IN FINANCING ACTIVITIES	(428,595)	(1,305,223)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	21,918	221,582
NET CHANGE IN CASH	(968,969)	106,245
Cash at beginning of the period	1,884,887	596,557
Cash at end of the period	915,918	702,802
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid	28,904	236,240
NON CASH FINANCING AND INVESTING ACTIVITIES:
Debt discount due to conversion feature	596,629	1,950,820
Change in fair value of marketable security	180,859	32,468
Reclassification from short-term debt to convertible debt		5,554,468
Reclassification of derivative liability to equity	461,869	2,101,665
Common shares issued for conversion of debt and accrued interest	1,134,510	$ 6,551,712
Capital lease obligation settled with pledge deposit	488,934
Common shares issued for conversion of advances from Chairman and CEO	$ 976,366

Note 1 - Organization and Opera

Note 1 - Organization and Operations	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 – Organization and Operations Armco Metals Holdings, Inc. (formerly China Armco Metals, Inc. and Cox Distributing, Inc.) Armco Metals Holdings, Inc. (“Armco Metals Holdings” or the “Company”) was incorporated under the laws of the State of Nevada as Cox Distributing, Inc. on April 6, 2007. On June 27, 2008, the Company changed its name to China Armco Metals, Inc. (“Armco Metals”) upon the acquisition of Armco Metals International Limited (formerly “Armco & Metawise (H.K) Limited” or “Armco HK”) and Subsidiaries to better identify the Company with the business conducted, through its wholly owned subsidiaries in China, import, export and distribution of ferrous and nonferrous ores and metals, and processing and distribution of scrap steel. On July 3, 2013, the Company changed its name from “China Armco Metals, Inc.” to “Armco Metals Holdings, Inc.”. Armco Metals International Limited (formerly Armco & Metawise (H.K) Limited) and Subsidiaries Armco Metals International Limited (formerly Armco & Metawise (H.K) Limited) Armco & Metawise (H.K) Limited was incorporated on July 13, 2001 under the laws of the Hong Kong Special Administrative Region (“HK SAR”) of the People’s Republic of China (“PRC”). Armco HK engages in the import, export and distribution of ferrous and non-ferrous ore and metals. On March 22, 2011, Armco & Metawise (H.K) Limited amended its Memorandum and Articles of Association, and changed its name to Armco Metals International Limited (“Armco HK”). Formation of Henan Armco and Metawise Trading Co., Ltd. Henan Armco and Metawise Trading Co., Ltd. (“Henan”) was incorporated on June 6, 2002 in the City of Zhengzhou, Henan Province, PRC. Henan engages in the import, export and distribution of ferrous and non-ferrous ores and metals. Formation of Armco (Lianyungang) Renewable Metals, Inc. On January 9, 2007, Armco HK formed Armco (Lianyungang) Renewable Metals, Inc. (“Renewable Metals”), a wholly-owned foreign enterprise (“WOFE”) subsidiary in the City of Lianyungang, Jiangsu Province, PRC. Renewable Metals engages in the processing and distribution of scrap metal. On December 1, 2008, Armco HK transferred its 100% equity interest in Renewable Metals to Armco Metals. Merger of Henan with Renewable Metals, Companies under Common Control On December 28, 2007, Armco HK entered into a Share Transfer Agreement with Renewable Metals, whereby Armco HK transferred to Renewable Metals all of its equity interest in Henan, a company under common control of Armco HK. The acquisition of Henan has been recorded on the purchase method of accounting at historical amounts as Renewable Metals and Henan were under common control since June 2002. The consolidated financial statements have been presented as if the acquisition of Henan had occurred as of the first date of the first period presented. Acquisition of Armco Metal International Limited and Subsidiaries (“Armco HK”) Recognized as a Reverse Acquisition On June 27, 2008, the Company entered into and consummated a share purchase agreement (the “Share Purchase Agreement”) with Armco HK and Feng Gao, who owned 100% of the issued and outstanding shares of Armco HK. In connection with the consummation of the Share Purchase Agreement , (i) Stephen Cox surrendered 7,694,000 common shares, representing his controlling interest in the Company for cancellation and resigned as an officer and director; (ii) the Company purchased from the Armco HK Shareholder 100% of the issued and outstanding shares of Armco HK’s capital stock for $6,890,000 by delivery of the Company’s purchase money promissory note; (iii) issued to Ms. Gao (a) a stock option entitling Ms. Gao to purchase 5,300,000 shares of the Company’s common stock, par value $.001 per share (the “Common Stock”) with an exercise price of $1.30 per share expiring on December 31, 2008 and (b) a stock option entitling Ms. Gao to purchase 2,000,000 shares of the Company’s common stock with an exercise price of $5.00 per share expiring two (2) years from the date of issuance on June 27, 2010 (the “Gao Options”). On August 12, 2008, Ms. Gao exercised her option to purchase and the Company issued 5,300,000 shares of its common stock in exchange for the $6,890,000 note owed to Ms. Gao. The shares issued represented approximately 69.7% of the issued and outstanding common stock immediately after the consummation of the Share Purchase and exercise of the option to purchase 5,300,000 shares of the Company’s common stock at $13.0 per share. As a result of the controlling financial interest of the former stockholder of Armco HK, for financial statement reporting purposes, t he merger between the Company and Armco HK has been treated as a reverse acquisition with Armco HK deemed the accounting acquirer and the Company deemed the accounting acquiree under the acquisition method of accounting in accordance with section 805-10-55 of the FASB Accounting Standards Codification. The reverse acquisition is deemed a capital transaction and the net assets of Armco HK (the accounting acquirer) are carried forward to the Company (the legal acquirer and the reporting entity) at their carrying value before the acquisition . The acquisition process utilizes the capital structure of the Company and the assets and liabilities of Armco HK which are recorded at their historical cost. The equity of the Company is the historical equity of Armco HK retroactively restated to reflect the number of shares issued by the Company in the transaction. Formation of Armco (Lianyungang) Holdings, Inc. On June 4, 2009, the Company formed Armco (Lianyungang) Holdings, Inc. (“Lianyungang Armco”), a WOFE subsidiary in the City of Lianyungang, Jiangsu Province, PRC. Lianyungang Armco intends to engage in marketing and distribution of the recycled scrap steel. Formation of Armco Metals (Shanghai) Holdings, Ltd. On July 16, 2010, the Company formed Armco Metals (Shanghai) Holdings. Ltd. (“Armco Shanghai”) as a WOFE subsidiary in Shanghai, China. Armco Shanghai serves as the headquarters for the Company’s China operations and oversees the activities of the Company in financing and international trading.

Note 2 - Significant and Critic

Note 2 - Significant and Critical Accounting Policies and Practices	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Note 2 - Significant and Critical Accounting Policies and Practices Basis of Presentation - Unaudited Interim Financial Information The accompanying unaudited interim consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (“SEC”) to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented. Interim results are not necessarily indicative of the results for the full year. These unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements of the Company for the year ended December 31, 2014 and notes thereto contained in the Company’s Annual Report on Form 10-K filed with the SEC on March 30, 2015. Principles of Consolidation The Company applies the guidance of Topic 810 “Consolidation” to determine whether and how to consolidate another entity. Pursuant to ASC Paragraph 810-10-15-10 all majority-owned subsidiaries—all entities in which a parent has a controlling financial interest—shall be consolidated except (1) when control does not rest with the parent, the majority owner; (2) if the parent is a broker-dealer within the scope of Topic 940 and control is likely to be temporary; (3) consolidation by an investment company within the scope of Topic 946 of a non-investment-company investee. Pursuant to ASC Paragraph 810-10-15-8 the usual condition for a controlling financial interest is ownership of a majority voting interest, and, therefore, as a general rule ownership by one reporting entity, directly or indirectly, of more than 50 percent of the outstanding voting shares of another entity is a condition pointing toward consolidation. The power to control may also exist with a lesser percentage of ownership, for example, by contract, lease, agreement with other stockholders, or by court decree . The Company consolidates all less-than-majority-owned subsidiaries, if any, in which the parent’s power to control exists. The Company's consolidated subsidiaries and/or entities as of June 30, 2015 are as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest Armco Metal International Limited (“Armco HK”) Hong Kong SAR July 13, 2001 100% Henan Armco and Metawise Trading Co., Ltd. (“Henan Armco”) PRC June 6, 2002 100% Armco (Lianyungang) Renewable Metals, Inc. (“Renewable Metals”) PRC January 9, 2007 100% Armco (Lianyungang) Holdings, Inc. (“Lianyungang Armco”) PRC June 4, 2009 100% Armco Metals (Shanghai) Holdings. Ltd. (“Armco Shanghai”) PRC July 16, 2010 100% The consolidated financial statements include all accounts of the Company and the consolidated subsidiaries and/or entities as of reporting period ending dates and for the reporting periods then ended. All inter-company balances and transactions have been eliminated. Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management makes its best estimate of the outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Actual results could differ from those estimates. Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in U.S. GAAP, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash, pledged deposits, accounts receivable, advance on purchases, prepayments and other current assets, accounts payable, customer deposits, corporate income/VAT tax payable, accrued expenses and other current liabilities approximate their fair values because of the short maturity of these instruments. The Company’s loans payable, banker’s acceptance notes payable, and capital lease obligation approximate the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at June 30, 2015 and December 31, 2014. The Company’s Level 3 financial liabilities consist of convertible notes with embedded conversion feature for which there are no current market for these securities such that the determination of fair value requires significant judgment or estimation. The Company valued the derivative liabilities using a Black-Scholes model. These models incorporate transaction details such as Company stock price, contractual terms, maturity, risk free rates. Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated. It is not, however, practical to determine the fair value of advances from significant stockholder and lease arrangement with the significant stockholder, if any, due to their related party nature. Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis Level 1 Financial Assets – Marketable Securities The Company uses Level 1 of the fair value hierarchy to measure the fair value of the marketable securities and marks the available for sale marketable securities at fair value in the statement of financial position at each balance sheet date and reports the unrealized holding gains and losses for available-for-sale securities in other comprehensive income (loss) until realized provided the unrealized holding gains and losses is temporary. If the fair value of an investment is less than its cost basis at the balance sheet date of the reporting period for which impairment is assessed, and it is determined that the impairment is other than temporary, then an impairment loss is recognized in earnings equal to the entire difference between the investment’s cost and its fair value at the balance sheet date of the reporting period. Level 3 Financial Liabilities – Derivative Liabilities The Company uses Level 3 of the fair value hierarchy to measure the fair value of the derivative liabilities and revalues its derivative liabilities at every reporting period and recognizes gains or losses in the consolidated statements of operations and comprehensive income (loss) that are attributable to the change in the fair value of the derivative liabilities. The following table sets forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for a fair value as of June 30, 2015, and December 31, 2014: Recurring Fair Value Measures Level 1 Level 2 Level 3 Total June 30, 2015 Derivative liability - - - - Available-for-sale securities $ 3,471 - - $ 3,471 December 31, 2014 Derivative liability - - - - Available-for-sale securities $ 73,943 - - $ 73,943 Fair Value of Non-Financial Assets or Liabilities Measured on a Recurring Basis The Company’s non-financial assets include inventories. The Company identifies potentially excess and slow-moving inventories by evaluating turn rates, inventory levels and other factors. Excess quantities are identified through evaluation of inventory aging, review of inventory turns and historical sales experiences. The Company provides lower of cost or market reserves for such identified excess and slow-moving inventories. The Company establishes a reserve for inventory shrinkage, if any, based on the historical results of physical inventory cycle counts. Foreign Currency Translation The financial records of the Company's Chinese operating subsidiaries are maintained in their local currency, the Renminbi (“RMB”), which is the functional currency. Assets and liabilities are translated from the local currency into the reporting currency, U.S. dollars, at the exchange rate prevailing at the balance sheet date. Revenues and expenses are translated at weighted average exchange rates for the period to approximate translation at the exchange rates prevailing at the dates those elements are recognized in the consolidated financial statements. Foreign currency RMB is not a fully convertible currency. All foreign exchange transactions involving RMB must take place either through the People’s Bank of China (the “PBOC”) or other institutions authorized to buy and sell foreign exchange. The exchange rate adopted for the foreign exchange transactions are the rates of exchange quoted by the PBOC. Commencing July 21, 2005, China adopted a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies. The exchange rate of the US dollar against the RMB was adjusted from approximately RMB 8.28 per U.S. dollar to approximately RMB 8.11 per U.S. dollar on July 21, 2005. Since then, the PBOC administers and regulates the exchange rate of the U.S. dollar against the RMB taking into account demand and supply of RMB, as well as domestic and foreign economic and financial conditions. Unless otherwise noted, the rate presented below per U.S. $1.00 was the midpoint of the interbank rate as quoted by OANDA Corporation ( www.oanda.com ) contained in its consolidated financial statements. Management believes that the difference between RMB vs. U.S. dollar exchange rate quoted by the PBOC and RMB vs. U.S. dollar exchange rate reported by OANDA Corporation were immaterial. Translations do not imply that the RMB amounts actually represent, or have been or could be converted into, equivalent amounts in U.S. dollars. Translation of amounts from RMB into U.S. dollars has been made at the following exchange rates for the respective periods: June 30, 2015 December 31, 2014 June 30, 2014 Balance sheets 6.1088 6.1460 6.1564 Statements of operations and comprehensive income (loss) 6.1254 6.1457 6.1419 Net Income (Loss) per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options, warrants and non-vested shares. For the periods presented, the computation of diluted loss per share equaled basic loss per share as the inclusion of any dilutive instruments would have had an anti -dilutive effect on the earnings per share calculation in the periods presented. The following table shows the potentially outstanding dilutive common shares excluded from the diluted net income (loss) per common share calculation as they were anti-dilutive: Potentially Outstanding Dilutive Common Shares For the Six For the Six Months Ended Months Ended June 30, 2015 June 30, 2014 Conversion Feature Shares Common shares issuable under the conversion feature of convertible notes payable 265,233 41,698 Sub-total: Conversion feature shares 265,233 41,698 Unvested common shares issued to employees Unvested common shares issued to director, vested in July, October, December 2014 and January 2015 - 37,813 Sub-total: Unvested common shares issued to employees - 37,813 Stock Option Shares Options issued on October 5, 2010 to employees to purchase common shares with an exercise price of $50.00 per share expiring five (5) years from the date of issuance 4,000 4,000 Sub-total: Stock option shares: 4,000 4,000 Warrant Shares 153,847 and 7,692 Warrants issued on April 20, 2010 to investors to purchase common shares with an exercise price of $75.00 per shares expiring five (5) years from the date of issuance - 161,539 Sub-total: Warrant shares - 161,539 Total potentially outstanding dilutive common shares 269,233 245,050 Recently Issued Accounting Pronouncements In April 2015, the FASB issued ASU 2015-03, “ Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory”. Reclassifica tion Certain prior period amounts have been reclassified to conform to the current period presentation. The reclassification had no impact on net earnings and financial position.

Note 3 - Pledged Deposits

Note 3 - Pledged Deposits	6 Months Ended
	Jun. 30, 2015
Transfers and Servicing [Abstract]
Transfers and Servicing of Financial Assets [Text Block]	Note 3 – Pledged Deposits Pledged deposits consist of cash held in financial institutions for (a) outstanding letters of credit and (b) capital lease obligation. Pledged deposits consisted of the following: June 30, December 31, 2015 2014 Deposit for letters of credit $ 10,254 $ 10,492 Deposit for capital lease obligation - 488,123 $ 10,254 $ 498,615

Note 4 - Marketable Equity Secu

Note 4 - Marketable Equity Securities, Available for Sale	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 4 – Marketable Equity Securities, Available for Sale As of June 30, 2015, the Company’s available for sale marketable securities were marked to market to its fair value of $3,471 and reported a $180,859 change in unrealized loss on marketable securities for the six months ended June 30, 2015 as other comprehensive income (loss) in its Stockholders’ Equity. The Company sold 7,164,879 shares during the six months ended June 30, 2015 for $46,565, with a realized loss on sales of $204,766 . The table below provides a summary of the changes in the fair value of marketable securities, available for sale measured at fair value on a recurring basis using Level 1 of the fair value hierarchy to measure the fair value. Fair Value Measurement Using Level 1 Inputs Original Impairment- Accumulated Other Fair Value Balance as of December 31, 2014 $ 2,686,102 (2,366,941 ) 183,924 (429,142 ) 73,943 Sales of the securities (251,331 ) (251,331 ) Total gain (realized/unrealized) included in: Other comprehensive income: Change in unrealized loss 180,859 180,859 Balance as of June 30, 2015 $ 2,434,771 $ (2,366,941 ) $ 183,924 $ (248,283 ) $ 3,471

Note 5 - Accounts Receivable

Note 5 - Accounts Receivable	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5 – Accounts Receivable Accounts receivable consisted of the following: June 30, December 31, 2015 2014 Accounts receivable $ 18,883,947 $ 43,257,621 Allowance for doubtful accounts (6,331 ) (54,735 ) $ 18,877,616 $ 43,202,886

Note 6 - Inventories

Note 6 - Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	Note 6 – Inventories Inventories consisted of the following: June 30, December 31, 2015 2014 Raw materials - Scrap metal $ 4,283,866 $ 2,602,983 Finished goods - processed scrap metal 22,158,696 7,684,154 Purchased merchandise for resale 415,859 697,217 Write-down of inventories (12,485,983 ) (1,829,891 ) $ 14,372,438 $ 9,154,463 Renewable Metals raw materials and finished goods are collateralized for loans from the Bank of Communications Limited Lianyungang Branch. Raw materials consisted of scrap metals to be processed and finished goods were comprised of all of the processed scrap metal at Renewable Metals. Due to the short duration time for the processing of its scrap metal, there was no material work-in-process inventory at June 30, 2015 or December 31, 2014. Slow-Moving or Obsolescence Markdowns The Company recorded no inventory obsolescence adjustments for the six months ended June 30, 2015 and 2014. Lower of Cost or Market Adjustments There were $10,616,101 and $(541,834) of lower of cost or market adjustments that were included in cost of goods sold for the six months ended June 30, 2015 and 2014, respectively.

Note 7 - Loans and Convertible

Note 7 - Loans and Convertible Notes Payable	6 Months Ended
	Jun. 30, 2015
Loans Payable [Abstract]
Loans Payable [Text Block]	Note 7 – Loans and Convertible Note Payable Loans payable consisted of the following: June 30, December 31, 2015 2014 Bank loans – secured (i) $ 2,500,786 $ 2,485,649 Third party loans (ii) 8,690,216 14,347,694 Convertible notes payable (iii) 158,786 178,500 $ 11,349,788 $ 17,011,843 (i) Bank loans The Company obtained those short term loans from Shanghai Pudong Development Bank and Guanhutun Credit Union, respectively. Interest rates for the loans ranged from 2.47% to 11.59% per annum. The maturity dates of the loans ranged from March 16, 2016 to April 9, 2016. Corporate or personal guarantees were provided for the bank loans as follows: $163,698 loans from Guanhutun Credit Union, collateralized by Henan Armco’s building and leasehold improvement; $2,337,087 loans from Shanghai Pudong Development Bank, collateralized by Renewable Metals inventories and guaranteed by the Company’s Chairman and Chief Executive Officer ( ii) Third party loans Among third party loans, $411,799 bears no interest and $8,269,583 bears interest rates ranging from 6.0% to 8.0% per annum. The maturity dates of the loans ranged from July 20, 2015 to December 31, 2015. Collateralization of Property, Plant and Equipment and Land Use Rights Both Renewable Metals and Lianyungang Armco’s property, plant and equipment and land use rights representing all of the Company’s land use rights were collateralized for bank loans of RMB 50,000,000 (approximately $8,135,373) with the Bank of China Lianyungang Branch. On December 25, 2014, China Orient Asset Management Corporation, an organization authorized by the People’s Bank of China to dispose of bad assets from banks, mainly from Bank of China, transferred the loan to Lianyungang Chaoyang Investment Construction Development Co., Ltd, and the related collateral was released as of December 31, 2014. On March 6, 2015, Chaoyang Investing & Construction Company agreed to waive 50% of the loan (RMB 25,000,000, approximately $4,060,617) for the Company in order to attract future investment from the Company. The interest (RMB 3,141,048, approximately $511,097) of the loan for the year ended December 31, 2014 was not waived but won’t bear any further interest. The interest rate of the remaining loan (RMB 25,000,000, approximately $4,092,457) is 6.42% . of the filing date, the Company has not made the scheduled repayment of RMB 12,500,000 (approximately $2,046,228) and is in the process of negotiating with the creditor to extend such payment to December 31, 2015 and for possible debt restructuring. Based on the loan agreement, the outstanding principal and interest of the loan should be paid off by December 31, 2015. (iii)Convertible notes payable On March 3, 2015, Magna Equities II LLC converted its outstanding balance of $100,000 principal of the convertible note and its accrued interest of $4,067 into 142,779 shares with the conversation rate of $0.72887/share. On May 8, 2015, KBM Worldwide Inc. converted its outstanding balance of $78,500 of principal of the convertible note and its accrued interest of $3,110 into 115,317 shares with the conversion rate of $0.7077/share. On April 24, 2015, Fremery Holding Ltd. (“Fremery”) and Shanghai Heqi Investment Center (“Heqi”) entered into an agreement to transfer $1.2 million of the loan Renewable Metals previously borrowed from Fremery where Armco Metals Holdings was a guarantor to Heqi with the interest rate of 6% per annum and the due date on or before July 20, 2015. On April 27, 2015, Armco Metals Holdings signed an agreement with Heqi to permit Heqi to convert its loan and outstanding interest into the Company’s common shares with conversion rate of 85% multiplied by the volume weighed average price for the common stock during the 10 trading days ending on the latest complete trading day prior to the conversion date with maximum conversion shares amount of 1,224,154 shares of common stock. On May 20, 2015, Heqi converted $334,600, including $330,000 principal and $4,600 interest into 302,805 shares of common shares with the conversion rate of $1.10500/share. On June 3, 2015, Heqi converted $282,030, including $280,000 principal and $2,030 interest into 313,019 shares with the conversion rate of $0.90100/shares. On June 26, 2015, Heqi converted $332,203, including $330,000 principal and $2,203 interest into 355,359 shares with the conversion rate of $0.93484/share. As of June 30, 2015, the convertible note balance with Heqi was $167,620, including the principal balance of $260,000 and the debt discount of $92,380, with the interest rate of 6% per annum. See Note 11 for derivative analysis on the convertible notes.

Note 8 - Banker's Acceptance No

Note 8 - Banker's Acceptance Notes Payable and Letters of Credit	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Short-term Debt [Text Block]	Note 8 – Banker’s Acceptance Notes Payable and Letters of Credit Banker’s acceptance notes payable consisted of the following: June 30, December 31, 2015 2014 Renewable Metals Letters of credit maturing on August 2, 2015 $ 1,778,555 $ 1,767,790 $ 1,778,555 $ 1,767,790

Note 9 - Related Party Transact

Note 9 - Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 9 – Related Party Transactions The related parties consist of the following: Kexuan Yao (“Mr. Yao”) The Company’s Chairman, Chief Executive Officer and principal stockholder Keli Yao Kexuan Yao’s brother Yi Chu Kexuan Yao’s wife Advances from Chairman and CEO From time to time, the Chairman, Mr. Yao advances funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand. On June 9, 2015, the Company entered into an agreement to acknowledge the advancement of $976,366 from Mr. Yao as an unsecured loan. On the same day, the Company approved converting the loan into common shares of 650,910 shares with the conversion price of $1.5/share. As of June 30, 2015 and December 31, 2014, the advance balance from Mr. Yao was $167,117 and $877,076, respectively. Operating Lease from Chairman and CEO On January 1, 2006, Henan entered into a non-cancellable operating lease for its 176.37 square meters commercial office space in the City of Zhengzhou, Henan Province, PRC from Mr. Yao for RMB 10,000 per month. The lease expired on December 31, 2008 and has been extended through December 31, 2015. Rental expense incurred for the six months ended June 30, 2015 and June 30, 2014 was RMB 60,000 (approximately $9,822) and RMB 60,000 (approximately $9,746), respectively. Due to Other Related Parties Due to other related parties consists of the following: June 30, December 31, 2015 2014 Keli Yao $ - $ - Yi Chu 582,618 717,703 Total $ 582,618 $ 717,703 The balance of $ 582,618 due to related parties represents the loan owed to the related parties, which is interest free, unsecured and repayable on demand.

Note 10 - Capital Lease Obligat

Note 10 - Capital Lease Obligation	6 Months Ended
	Jun. 30, 2015
Leases, Capital [Abstract]
Capital Leases in Financial Statements of Lessee Disclosure [Text Block]	Note 10 – Capital Lease Obligation Capital lease obligation consisted of the following: June 30, December 31, 2015 2014 Total capital lease obligation $ - $ 720,819 Less current maturities - (720,819 ) Total Capital lease obligation, net of current maturities $ - $ - On December 12, 2011, the Company entered into a leasing agreement with China Financial Leasing Co., Ltd. for a term of three years and an interest rate of 11.0% per annum, payable quarterly in arrears. The lease agreement is collateralized by certain of Renewable Metals' machinery and equipment. The leasing agreement was amended on September 15, 2012 to change the interest rate to 10.17% per annum. The capital lease obligation obtained by the Company is RMB 37,500,000 (approximately $5,935,517) and the Company is required to maintain a security deposit of RMB 3,000,000 (approximately $488,122). The leasing agreement expired on December 15, 2014. There was no extra interest charged on the overdue capital lease obligation of $560,988. On March 31, 2015, China Financial Leasing Co., Ltd. agreed to use the deposit of RMB 3,000,000 to settle the overdue capital lease obligation. As a result, a gain of $89,397 was recognized as other income by the Company. On November 18, 2010, the Company entered into a leasing agreement with Jiangsu Financial Leasing Co., Ltd. for a term of three years and an interest rate of 11.8% per annum, payable monthly in arrears. The lease agreement is collateralized by certain of Renewable Metals' machinery and equipment. The leasing agreement was amended on September 17, 2013 to change the lease term to 46 months and the monthly payment was adjusted. The capital lease obligation obtained by the Company is RMB 15,000,000 (approximately $2,261,284). The leasing agreement expired on September 23, 2014. There was no extra interest charged on the overdue capital lease obligation of $159,831. On March 23, 2015, the Company paid an additional RMB 800,000 (approximately $130,826). On March 29, 2015, Jiangsu Financial Leasing Co., Ltd. agreed to waive the remaining overdue capital lease obligation of $35,974, which was recognized as other income by the Company.

Note 11 - Derivative Instrument

Note 11 - Derivative Instruments and the Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Derivatives and Fair Value [Text Block]	Note 11 – Derivative Instruments and the Fair Value of Financial Instruments (i) Warrants Issued in April 2010 (“2010 Warrants) As of June 30, 2015, there were nil warrants outstanding. Thus as of June 30, 2015 there was no derivative liability associated with the warrants. The table below summarizes the Company’s 2010 warrant activities through June 30, 2015: Number of Warrant Shares Exercise Price Range Per Share Weighted Average Exercise Price Fair Value at Date of Issuance Aggregate Intrinsic Value Balance, December 31, 2014 161,539 75 75 - - Granted - - - - - Canceled for cashless exercise - - - - - Exercised (Cashless) - - - - - Exercised - - - - - Expired (161,539 ) Balance, June 30, 2015 - - - - - Earned and exercisable, June 30,2015 - - - - - Unvested, June 30, 2015 - $ - $ - $ - $ - (ii) Convertible Note On August 27, 2014, the Company issued a convertible note which is convertible after 180 days from the issuance date at 58% of the average of the three lowest daily trading price of the Company’s common stock of any of the ten consecutive trading days and including the trading day immediately preceding conversion, in the amount of $100,000. On February 23, 2015, the note became convertible. On March 3, 2015, the Company received a conversation notice from its convertible notes holder, Magna Equities II LLC, to convert $100,000 plus interest of $4, 067 of the note into 142,779 shares of the Company’s common stock, at a conversation price of $0.72887/share. On October 29, 2014, the Company issued a convertible note which is convertible after 180 days from the issuance date at 63% of the average of the lowest 3 trading prices of the Company’s common stock of any of the ten consecutive trading days and including the trading day immediately preceding conversion, in the amount of $78,500. On April 27, 2015, the note became convertible. On May 8, 2015, the Company received a conversion notice from its convertible notes holder, KBM Worldwide Inc., to convert $78,500 plus interest of $3,110 of the note into 115,317 shares of the Company’s common stock, at a conversion price of $0.7077/share. On April 24, 2015, Fremery Holding Ltd. (“Fremery”) and Shanghai Heqi Investment Center (“Heqi”) entered into an agreement to transfer $1.2 million of the loan Renewable Metals previously borrowed from Fremery where Armco Metals Holdings was a guarantor to Heqi with the interest rate of 6% per annum and the due date on or before July 20, 2015. On April 27, 2015, Armco Metals Holdings signed an agreement with Heqi to permit Heqi to convert its loan and outstanding interest into the Company’s common shares with conversion rate of 85% multiplied by the volume weighed average price for the common stock during the 10 trading days ending on the latest complete trading day prior to the conversion date with maximum conversion shares amount of 1,224,154 shares of common stock. On May 20, 2015, Heqi converted $334,600, including $330,000 principal and $4,600 interest, into 302,805 shares of common shares with the conversion rate of $1.10500/share. On June 3, 2015, Heqi converted $282,030, including $280,000 principal and $2,030 interest, into 313,019 shares with the conversion rate of $0.90100/shares. On June 26, 2015, Heqi converted $332,203, including $330,000 principal and $2,203 interest, into 355,359 shares with the conversion rate of $0.93484/share. As of June 30, 2015, the convertible note balance with Heqi was $167,620, including the principal balance of $260,000 and the debt discount of $92,380, with the interest rate of 6% per annum. The Company analyzed the conversion option of the convertible debt. The Company considered derivative accounting under ASC 815-15 “Derivatives and Hedging” and determined that the embedded conversion feature should be classified as a liability due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options. The embedded conversion feature was measured at fair value at the date of inception and at the end of each reporting period or termination of the instruments with the change in fair value recorded to earnings. The fair value of the instruments was determined by using Black-Scholes option-pricing model based on the following assumptions: dividend yield of 0%, volatility of 110%-138% risk free rate of 0.01%-0.08%, and an expected term of 0.2-0.51 year. The fair value of the instruments determined using Black-Scholes option –pricing model as of the dates the notes became convertible was $596,629, and was recorded as debt discount, of which $504,249 was amortized into interest expense for the six months ended June 30, 2015. The following table summarizes the change of fair value of the derivative debt liabilities. Balance at December 31, 2014 $ - To record derivative liabilities as debt discount 596,629 Change in fair value of derivative liabilities (134,760 ) Settlement of derivative liability due to conversion of related notes (461,869 ) Balance at June 30, 2015 $ -

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Note 12 – Commitments and Contingencies Litigation The Company and its directors are a party to a lawsuit filed on March 29, 2013 by Albert Perron, derivatively on behalf of the Company, in the District Court for Clark County, Nevada (Case No. A-13-679151-C), which seeks a declaratory judgment, rescission, unspecified damages, equitable and injunctive relief, and attorney's fees. The Plaintiff's complaint alleges that the directors breached their fiduciary duties to the Company by exceeding their authority under the Company's Amended and Restated 2009 Stock Incentive Plan (the “Plan”), as further amended, by issuing shares to Mr. Kexuan Yao (“Mr. Yao”) under the February 2012 employment agreement (“Employment Agreement”) that exceeded the amount allowed under the Plan. William Thomson (“Mr. Thomson”), Mr. Yao, Jimping (K.P.) Chan (“Mr. Chan”), Tao Pang (“Mr. Pang”) and Weiping Shen (“Mr. Shen”) (The “Director Defendants”) have filed an answer to this lawsuit in which they have denied the claims being made. The Company and Director Defendants' position is that the shares at issue in this matter were granted to Mr. Yao in accordance with the Plan. Mr. Thomson and Mr. Yao moved for summary judgment (“Defendants' MSJ”) on the Plaintiff's meritless claims on July 18, 2014. Mr. Chan, Mr. Pang, and Mr. Shen joined Defendant' MSJ on August 20, 2014. Plaintiff filed his own Motion for Summary Judgment (“Plaintiff's MSJ) on August 18, 2014, and his response in opposition to Defendants' MSJ on August 22, 2014. A hearing on Defendants' MSJ and Plaintiff's MSJ was held on September 18 2014, wherein the Court denied Plaintiff's MSJ and granted Defendant's MSJ in part holding that the Employment Agreement with Mr. Yao did not violate the terms of the Plan. However, in denying Defendants' MSJ in part, the Court, Sua sponte, found that an issue of material fact remained as to whether the Company's board approved each issuance subsequent to 2012 in accordance with the vesting dates contained the Employment Agreement to ensure that Mr. Yao did not receive an excess of shares in any one (1) year period in violation of the Plan. On October 29, 2014, the Director Defendants filed a Motion for Reconsideration of Partial Denial of Motion for Summary Judgment. The Company joined the Motion for Reconsideration of Partial Denial of Motion for Summary Judgment on October 30, 2014. On or about November 5, 2014, Plaintiff filed Plaintiff's Motion for Reconsideration, essentially rearguing Plaintiff's MSJ. The Court held a hearing on both motions for reconsideration on December 19, 2014, and denied both motions. The case is currently scheduled for trial to begin on November 16, 2015. The Company and Director Defendants continue to believe that Plaintiff’s claims have no merit and will continue to defend this case vigorously. Uncommitted Trade Credit Facilities The Company entered into uncommitted trade credit facilities with certain financial institutions. Substantially all of the uncommitted trade credit facilities were guaranteed by Mr. Yao. The uncommitted trade credit facilities at June 30, 2015 were as follows: Date of Expiration Total Facilities Facilities Used Facilities Available Armco HK RZB Bank (i) July 31, 2015 $ 7,000,000 $ - $ 7,000,000 DBS (Hong Kong) Limited (ii) October 9, 2015 20,000,000 - 20,000,000 Sub-total - Armco HK 27,000,000 - 27,000,000 Henan Armco ICBC (iii) August 29, 2015 3,273,965 - 3,273,965 Guangdong Development Bank Zhengzhou Branch (iv) May 15, 2015 15,715,034 - 15,715,034 Sub-total – Henan Armco 18,988,999 - 18,988,999 Renewable Metals Bank of China Lianyungang Branch (v) December 27, 2015 8,184,914 - 8,184,914 Bank of Communications Lianyungang Branch (vi) August 2, 2015 11,786,276 1,778,467 10,007,809 Sub-total – Renewable Metals 19,971,190 1,778,467 18,192,723 $ 65,960,189 $ 1,778,467 $ 64,181,722 (i) On March 12, 2014, Armco HK entered into Amendment No. 5 to the March 25, 2009 uncommitted Trade Finance Facility with RZB Austria Finance (Hong Kong) Limited. The amendment indicates that the total facilities amount shall be decreased from $15,000,000 to $7,000,000, expiring July 31, 2015. The Company pays interest at 200 basis points per annum plus the lender’s cost of funds per annum on issued letters of credit in addition to fees upon issuance of the letter of credit of 6.25% for issuance commissions, negotiation commissions, commission-in-lieu and collection commissions. Amounts advanced under this facility are repaid from the proceeds of the sale of metal ore. As of June 30, 2015, Armco HK and RZB bank were in the process renewing the line of credit. The amount of the Amendment No.6 shall be decreased from $7,000,000 to $5,500,000, expiring November 30, 2016. The lender may, however, terminate the facility at any time or at its sole discretion upon the occurrence of any event which causes a material market disruption in respect of unusual movement in the level of funding costs to the lender or the unusual loss of liquidity in the funding market. The lender has the sole discretion to decide whether or not such event has occurred. The facility is secured by restricted cash deposits held by the lender, the personal guarantee of Mr. Yao, the Company’s guarantee, and a security interest in the contract for the purchase of the ore for which the letter of credit has been issued and the contract for the sale of the ore. (ii) On October 10, 2014, Armco HK extended the Banking Facilities Agreement with DBS Bank (Hong Kong) Limited (originally entered on December 21, 2011) of $20,000,000 for issuance of commercial letters of credit in connection with the Company’s purchase of metal ore. The Company pays interest at LIBOR or DBS Bank’s cost of funds plus 2.50% per annum on issued letters of credit in addition to an export bill collection commission equal to 12.5% of the first $50,000 and 6.25% of the balance and an opening commission of 25% on the first $50,000 and 6.25% of the balance for each issuance. Amounts advanced under this facility are repaid from the proceeds of the sale of metal ore. The lender may terminate the facility at anytime at its sole discretion. The facility is secured by the charge on cash deposit of the borrower, the borrower’s restricted pledged deposit in the minimum amount of 3% of the letter of credit amount, the Company’s letter of comfort and the guarantee of Mr. Yao. (iii) On September 10, 2013, Henan Armco obtained a RMB 20,000,000 (approximately $3.3 million) line of credit from ICBC, for issuance of letters of credit to finance the purchase of metal ore and scrap metal expiring one (1) year from the date of issuance. The facility is guaranteed by Renewable Metals and Mr. Yao. (iv) On May 16, 2014, Henan Armco obtained a RMB 96,000,000 (approximately $15.7 million) line of credit from Guangdong Development Bank Zhengzhou Branch for issuance of letters of credit to finance the purchase of metal ore. As of June 30, 2015, Henan Armco and the bank were in the process renewing the line of credit to expiring May 16, 2016. The Company pays interest at 120% of the applicable base rate for lending published by the People’s Bank of China (“PBC”) at the time the loan is made on issued letters of credit. The facility is secured by the guarantee provided by Mr. Yao and Renewable Metals jointly and the pledge of movable assets provided by the borrower. Amounts advanced under this line of credit are repaid from the proceeds of the sale of metal ore. (v) On March 15, 2013, Renewable Metals entered into a line of credit facility in the amount of RMB 50,000,000 (approximately $8.2 million) from Bank of China, Lianyungang Branch for the purchase of raw materials. The facility is expiring December 27, 2015 with interest at 7.872% per annum. The facility is secured by Renewable metals properties, machinery and equipment and land use rights, and guaranteed by Mr. Yao, Ms. Yi Chu, and Henan Armco, respectively. (vi) On July 5, 2011, Renewable Metals obtained a RMB 72,000,000 (approximately $11.8 million) line of credit from Bank of Communications, Lianyungang Branch expiring August 2, 2015. The letters of credit require Renewable Metals to pledge cash deposit equal to 20% of the letter of credit for letters of credit at sight, or 30% for other domestic letters of credit and for extended domestic letters of credit, the collateral of inventory equal to 166% of the letter of credit. The facility is secured by Renewable Metals inventories and guarantee provided by Mr. Yao. Employment with the Chairman and CEO On March 19, 2015, the Company entered into a new employment agreement (the “Employment Agreement”) with Mr. Yao for the period of January 1, 2015 to December 31, 2015. Pursuant to the Employment Agreement, Mr. Yao is entitled to, among other, the following compensation and benefits: a. Base Salary. The Company shall pay the Executive a salary of $250,000 per annum. b. Bonus. The Executive shall be entitled to an annual cash bonus in an amount equal to 50% of the Executive’s Base Salary for such year. Any such bonus shall be payable no later 2.5 months following the year with respect to which the Base Salary is payable. During the employment term, the Compensation Committee has the discretion to grant the Executive additional bonus at its sole discretion. c. Restricted Shares: The Executive received a restricted stock grant of 60,000 shares of common stocks under the Company’s Amended and Restated 2009 Stock Incentive Plan, as amended, vesting in four equal quarterly installment beginning on April 1, 2015. d. Eligibility to participate in the Company’s benefits plans that are generally provided for executive employees. e. Paid Vacation: The Executive will have paid vacation of at least less than 25 business days per year, to be accredited accordance with the ordinary policies. f. Expenses Reimbursement: The Company agreed to pay or reimburse the Executive for any expenses, including reasonable attorney’s fees and expenses, actually incurred (and, in the case of reimbursement, paid) by him, up to a maximum of $10,000, in connection with : (i) obtaining the proper work permits and/or visa and/or United States Permanent Resident Card necessary for the Executive to provide services in the United States, and (ii) the preparation of his spouse’s (if applicable) United States income tax returns as required by law; and g. Life Insurance Benefit Premium payment: The Company agrees to reimburse the Executive the amount of the premium paid by him on a term life policy for benefit of his and his designated beneficiaries with a death benefit of $2 million. Operating Leases (i) Operating Lease - Office Space On July 1, 2014, Armco Shanghai entered into a non-cancelable operating lease for office space that expires on July 31, 2016. The annual lease payment is RMB 674,933 (approximately $110,485). On April 13, 2015, Armco Metals Holding entered into a lease agreement for the lease of its principal executive offices that expires in April 2018. The base monthly rental is $1,629.85 for the first year and will increase 4% each year. The Company is also responsible for its proportionate share of the building's monthly operating expenses which are presently estimated at $660.75 per month.

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Note 13 – Stockholders’ Equity Issuance of Common Stock to Parties Other Than Employees for Acquiring Goods or Services Legal Services Agreement – All Bright Law Offices On April 7, 2014, the Company entered into a Legal Services Agreement (“Legal Agreement”) with All Bright Law Office. Pursuant to the Legal Agreement, All Bright agreed to provide Chinese-law related legal counsel services from April 1, 2013 to March 31, 2015 in exchange for 50,000 shares of common stock of the Company. These shares are earned ratably over the term of the agreement and the unearned shares are forfeitable in the event of nonperformance by the All Bright. Shares Earned during the six months ending June 30, 2015 12,500 common shares earned for the quarter ended March 31, 2015 were valued at $1.14 per share, which was the market price on quarter end date, or $14,250, which was recorded as legal expenses. Consulting Services Agreement – Shanghai Heqi Investment Center On January 13, 2015, the Company entered into a Consulting Services Agreement (“Consulting Agreement”) with Heqi, a China based company. Pursuant to the Consulting Agreement, Heqi agreed to provide consulting services from February 1, 2015 to January 31, 2016 in exchange for 150,000 shares of common stock of the Company. These shares are earned ratably over the term of the agreement and the unearned shares are forfeitable in the event of nonperformance by Heqi. Shares Earned during the six months ending June 30, 2015 24,167 and 37,500 common shares earned for the quarter ended March 31, 2015 and June 30, 2015 respectively were valued at $1.14 per share and $0.955 per share for each quarter, which was the market price as of quarter end date, or $27,550 and $36,000 respectively, which was recorded as consulting expenses. 2009 Stock Incentive Plan as Amended 2014 Amendment to the 2009 Stock Incentive Plan At the 2014 Annual Meeting of Stockholders (the “2014 Annual Meeting”) of the Company held on November 17, 2014, the Company’s stockholders approved an amendment and restatement of the Company’s 2009 Stock Incentive Plan to increase the number of shares of the Company’s common stock available for issuance hereunder by 300,000 shares to 1,120,000 shares of the Company’s common stock. Shares Awarded during 2015 During the six months ended June 30, 2015, the Company granted 230,106 shares of its common stock to its employees and directors for the first two quarters of their 2015 service of approximately $318,087 , in lieu of cash, which were recorded as compensation expense for the six months ended June 30, 2015. On March 19, 2015, the Company granted 60,000 shares of its common stock to Mr. Yao for part of his compensation for the period of January 1, 2015 to December 31, 2015, vesting in four equal quarterly installments. As of June 30, 2015, 30,000 shares were vested and record as compensation expense at amount of $37,500 . Summary of the Company’s Amended and Restated 2009 Stock Incentive Plan Activities The table below summarizes the Company’s Amended and Restated 2009 Stock Incentive Plan activities: Number of Fair Value at Shares or Options Date of Grant Balance, December 31, 2014 795,462 $ 4,118,012 Options – granted - - Options – canceled - - Shares – granted 290,106 393,087 Shares – canceled (- ) (- ) Balance, June 30, 2015 1,085,568 $ 4,511,099 Vested, June 30, 2015 1,055,568 4,473,599 Unvested, June 30, 2015 30,000 $ 37,500 The total number of the common shares authorized under the Amended and Restated 2009 Stock Incentive Plan was 1,120,000. As of June 30, 2015, there were 34,432 shares of common stock remaining available for issuance under the Amended and Restated 2009 Stock Incentive Plan.

Note 14 - Income Taxes

Note 14 - Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 14 – Income Taxes Armco Metals Holdings is a non-operating holding company. Armco HK, the Company’s Hong Kong Subsidiary is subject to Hong Kong SAR income taxes. Henan Armco, Renewable Metals, Lianyungang Armco and Armco Shanghai, the Company’s PRC subsidiaries are subject to PRC income taxes, file income tax returns under the Income Tax Law of the People’s Republic of China concerning Foreign Investment Enterprises and Foreign Enterprises and local income tax laws (the “PRC Income Tax Law”) accordingly. Henan Armco, Renewable Metals, Lianyungang Armco and Armco Shanghai derive substantially all of their income (loss) before income taxed and related tax expenses from PRC sources. United States Income Tax Armco Metals Holdings is incorporated in the State of Nevada and is subjected to United Sates of America tax law. No provision for U.S. federal and state incomes taxes has been made in our consolidated financial statements for those non-U.S. subsidiaries whose earnings are considered to be reinvested. A distribution of these non-U.S. earnings in the form of dividends, or otherwise, would subject the Company to both U.S. federal and state income taxes, as adjusted for non-U.S. tax credits, and withholding taxes payable to the various non-U.S. countries. Determination of the amount of any unrecognized deferred income tax liability on these undistributed earnings is not practicable. Hong Kong SAR Income Tax Armco HK is registered and operates in the Hong Kong Special Administrative Region (“HK SAR”) of the People’s Republic of China (“PRC”) and is subject to HK SAR tax law. Armco HK’s statutory income tax rate is 16.5%. PRC Income Tax Henan Armco, Renewable Metals, Lianyungang Armco and Armco Shanghai are governed by and file separate income tax returns under the PRC Income Tax Law, which, until January 2008, generally subject to tax at a statutory rate of 33% (30% state income tax plus 3% local income tax) on income reported in the statutory financial statements after appropriate tax adjustments. On March 16, 2007, the National People’s Congress of China approved the Corporate Income Tax Law of the People’s Republic of China (the “New CIT Law”), effective January 1, 2008. Under the New CIT Law, the corporate income tax rate applicable to all Companies, including both domestic and foreign-invested companies, will be 25%. However, tax concession granted to eligible companies prior to March 16, 2007 will be grand fathered in. The effective rate is 20.76% and 0% for the six months ended June 30, 2015 and June 30, 2014, respectively.

Note 15 - Concentrations and Cr

Note 15 - Concentrations and Credit Risk	6 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	Note 15 – Concentrations and Credit Risk Credit Risk Arising from Financial Instruments Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents. As of June 30, 2015, substantially all of the Company’s cash and cash equivalents were held by major financial Institutions located in the PRC, none of which are insured. However, the Company has not experienced losses on these accounts in the history. Customers and Credit Concentrations Customer concentrations and credit concentrations are as follows: Net sales For the Six Months Ended June 30, June 30, 2015 2014 Cusomter A 42.3 % - % Cusomter B 24.1 % 15.5 % Cusomter C 14.5 % - % Cusomter D 12.3 % 54.0 % 93.2 % 69.5 % Net Accounts Receivable at June 30, December 31, 2015 2014 Cusomter A 49.3 % 30.4 % Cusomter B 28.5 % 24.1 % Cusomter C 14.1 % 19.8 % 91.9 % 74.3 % A reduction in sales from or loss of such customers would have a material adverse effect on the Company’s results of operations and financial condition. Vendor Concentrations Vendor purchase concentrations and accounts payable concentration as follows: Net Purchase For the Six Months Ended June 30, June 30, 2015 2014 Vendor A 59.5 % 79.2 % Vendor B 35.1 % 13.0 % 94.6 % 92.2 % Accounts Payable at June 30, December 31, 2015 2014 Vendor A 59.1 % 49.2 % Vendor B 14.0 % 29.6 % 73.1 % 78.8 %

Note 16 - Subsequent Events

Note 16 - Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 16 – Subsequent Events In a meeting held on June 10, 2015, the Company approved to establish an OTO (Online to Offline) platform for steel scrap business with its business partners. The OTO platform will be operated through Shanghai Meng Yi Network Technology Co., Ltd. (“Meng Yi”), a newly established company, with registered capital of RMB 10 million (approximately $1.6 million). Meng Yi obtained its business license on July 9, 2015 and is in the process of obtaining ICP license. The Company’s subsidiary, Armco Shanghai , will be the largest shareholder with 34.3% equity interest by contributing RMB 1.45 million (approximately $0.23 million) and business know-how. On July 21, 2015, the Company received a notice from Heqi to request to convert $170,937 principal of the note and $1,083 of the accrued interest into 252,971 common shares, at the conversion rate of $0.6800/share, pursuant to the terms set forth in the convertible note agreement. The remaining balance of $89,063 principal of the note was paid off by Mr. Yao subsequently. On August 1, 2015, the Company’s board of directors approved to grant to 8,806 shares of common stock of the Company to its employees as part of salary compensation based on 20% discount of the lowest closing stock price of July 2015 and to be vest at the first day of August 2015.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation - Unaudited Interim Financial Information The accompanying unaudited interim consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (“SEC”) to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented. Interim results are not necessarily indicative of the results for the full year. These unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements of the Company for the year ended December 31, 2014 and notes thereto contained in the Company’s Annual Report on Form 10-K filed with the SEC on March 30, 2015.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The Company applies the guidance of Topic 810 “Consolidation” to determine whether and how to consolidate another entity. Pursuant to ASC Paragraph 810-10-15-10 all majority-owned subsidiaries—all entities in which a parent has a controlling financial interest—shall be consolidated except (1) when control does not rest with the parent, the majority owner; (2) if the parent is a broker-dealer within the scope of Topic 940 and control is likely to be temporary; (3) consolidation by an investment company within the scope of Topic 946 of a non-investment-company investee. Pursuant to ASC Paragraph 810-10-15-8 the usual condition for a controlling financial interest is ownership of a majority voting interest, and, therefore, as a general rule ownership by one reporting entity, directly or indirectly, of more than 50 percent of the outstanding voting shares of another entity is a condition pointing toward consolidation. The power to control may also exist with a lesser percentage of ownership, for example, by contract, lease, agreement with other stockholders, or by court decree . The Company consolidates all less-than-majority-owned subsidiaries, if any, in which the parent’s power to control exists. The Company's consolidated subsidiaries and/or entities as of June 30, 2015 are as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest Armco Metal International Limited (“Armco HK”) Hong Kong SAR July 13, 2001 100% Henan Armco and Metawise Trading Co., Ltd. (“Henan Armco”) PRC June 6, 2002 100% Armco (Lianyungang) Renewable Metals, Inc. (“Renewable Metals”) PRC January 9, 2007 100% Armco (Lianyungang) Holdings, Inc. (“Lianyungang Armco”) PRC June 4, 2009 100% Armco Metals (Shanghai) Holdings. Ltd. (“Armco Shanghai”) PRC July 16, 2010 100% The consolidated financial statements include all accounts of the Company and the consolidated subsidiaries and/or entities as of reporting period ending dates and for the reporting periods then ended. All inter-company balances and transactions have been eliminated.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management makes its best estimate of the outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Actual results could differ from those estimates.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in U.S. GAAP, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash, pledged deposits, accounts receivable, advance on purchases, prepayments and other current assets, accounts payable, customer deposits, corporate income/VAT tax payable, accrued expenses and other current liabilities approximate their fair values because of the short maturity of these instruments. The Company’s loans payable, banker’s acceptance notes payable, and capital lease obligation approximate the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at June 30, 2015 and December 31, 2014. The Company’s Level 3 financial liabilities consist of convertible notes with embedded conversion feature for which there are no current market for these securities such that the determination of fair value requires significant judgment or estimation. The Company valued the derivative liabilities using a Black-Scholes model. These models incorporate transaction details such as Company stock price, contractual terms, maturity, risk free rates. Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated. It is not, however, practical to determine the fair value of advances from significant stockholder and lease arrangement with the significant stockholder, if any, due to their related party nature. Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis Level 1 Financial Assets – Marketable Securities The Company uses Level 1 of the fair value hierarchy to measure the fair value of the marketable securities and marks the available for sale marketable securities at fair value in the statement of financial position at each balance sheet date and reports the unrealized holding gains and losses for available-for-sale securities in other comprehensive income (loss) until realized provided the unrealized holding gains and losses is temporary. If the fair value of an investment is less than its cost basis at the balance sheet date of the reporting period for which impairment is assessed, and it is determined that the impairment is other than temporary, then an impairment loss is recognized in earnings equal to the entire difference between the investment’s cost and its fair value at the balance sheet date of the reporting period. Level 3 Financial Liabilities – Derivative Liabilities The Company uses Level 3 of the fair value hierarchy to measure the fair value of the derivative liabilities and revalues its derivative liabilities at every reporting period and recognizes gains or losses in the consolidated statements of operations and comprehensive income (loss) that are attributable to the change in the fair value of the derivative liabilities. The following table sets forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for a fair value as of June 30, 2015, and December 31, 2014: Recurring Fair Value Measures Level 1 Level 2 Level 3 Total June 30, 2015 Derivative liability - - - - Available-for-sale securities $ 3,471 - - $ 3,471 December 31, 2014 Derivative liability - - - - Available-for-sale securities $ 73,943 - - $ 73,943 Fair Value of Non-Financial Assets or Liabilities Measured on a Recurring Basis The Company’s non-financial assets include inventories. The Company identifies potentially excess and slow-moving inventories by evaluating turn rates, inventory levels and other factors. Excess quantities are identified through evaluation of inventory aging, review of inventory turns and historical sales experiences. The Company provides lower of cost or market reserves for such identified excess and slow-moving inventories. The Company establishes a reserve for inventory shrinkage, if any, based on the historical results of physical inventory cycle counts.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation The financial records of the Company's Chinese operating subsidiaries are maintained in their local currency, the Renminbi (“RMB”), which is the functional currency. Assets and liabilities are translated from the local currency into the reporting currency, U.S. dollars, at the exchange rate prevailing at the balance sheet date. Revenues and expenses are translated at weighted average exchange rates for the period to approximate translation at the exchange rates prevailing at the dates those elements are recognized in the consolidated financial statements. Foreign currency RMB is not a fully convertible currency. All foreign exchange transactions involving RMB must take place either through the People’s Bank of China (the “PBOC”) or other institutions authorized to buy and sell foreign exchange. The exchange rate adopted for the foreign exchange transactions are the rates of exchange quoted by the PBOC. Commencing July 21, 2005, China adopted a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies. The exchange rate of the US dollar against the RMB was adjusted from approximately RMB 8.28 per U.S. dollar to approximately RMB 8.11 per U.S. dollar on July 21, 2005. Since then, the PBOC administers and regulates the exchange rate of the U.S. dollar against the RMB taking into account demand and supply of RMB, as well as domestic and foreign economic and financial conditions. Unless otherwise noted, the rate presented below per U.S. $1.00 was the midpoint of the interbank rate as quoted by OANDA Corporation ( www.oanda.com ) contained in its consolidated financial statements. Management believes that the difference between RMB vs. U.S. dollar exchange rate quoted by the PBOC and RMB vs. U.S. dollar exchange rate reported by OANDA Corporation were immaterial. Translations do not imply that the RMB amounts actually represent, or have been or could be converted into, equivalent amounts in U.S. dollars. Translation of amounts from RMB into U.S. dollars has been made at the following exchange rates for the respective periods: June 30, 2015 December 31, 2014 June 30, 2014 Balance sheets 6.1088 6.1460 6.1564 Statements of operations and comprehensive income (loss) 6.1254 6.1457 6.1419
Earnings Per Share, Policy [Policy Text Block]	Net Income (Loss) per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options, warrants and non-vested shares. For the periods presented, the computation of diluted loss per share equaled basic loss per share as the inclusion of any dilutive instruments would have had an anti -dilutive effect on the earnings per share calculation in the periods presented. The following table shows the potentially outstanding dilutive common shares excluded from the diluted net income (loss) per common share calculation as they were anti-dilutive: Potentially Outstanding Dilutive Common Shares For the Six For the Six Months Ended Months Ended June 30, 2015 June 30, 2014 Conversion Feature Shares Common shares issuable under the conversion feature of convertible notes payable 265,233 41,698 Sub-total: Conversion feature shares 265,233 41,698 Unvested common shares issued to employees Unvested common shares issued to director, vested in July, October, December 2014 and January 2015 - 37,813 Sub-total: Unvested common shares issued to employees - 37,813 Stock Option Shares Options issued on October 5, 2010 to employees to purchase common shares with an exercise price of $50.00 per share expiring five (5) years from the date of issuance 4,000 4,000 Sub-total: Stock option shares: 4,000 4,000 Warrant Shares 153,847 and 7,692 Warrants issued on April 20, 2010 to investors to purchase common shares with an exercise price of $75.00 per shares expiring five (5) years from the date of issuance - 161,539 Sub-total: Warrant shares - 161,539 Total potentially outstanding dilutive common shares 269,233 245,050
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In April 2015, the FASB issued ASU 2015-03, “ Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory”.
Reclassification, Policy [Policy Text Block]	Reclassifica tion Certain prior period amounts have been reclassified to conform to the current period presentation. The reclassification had no impact on net earnings and financial position.

Note 2 - Significant and Crit24

Note 2 - Significant and Critical Accounting Policies and Practices (Tables)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Schedule of Variable Interest Entities [Table Text Block]	Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest Armco Metal International Limited (“Armco HK”) Hong Kong SAR July 13, 2001 100% Henan Armco and Metawise Trading Co., Ltd. (“Henan Armco”) PRC June 6, 2002 100% Armco (Lianyungang) Renewable Metals, Inc. (“Renewable Metals”) PRC January 9, 2007 100% Armco (Lianyungang) Holdings, Inc. (“Lianyungang Armco”) PRC June 4, 2009 100% Armco Metals (Shanghai) Holdings. Ltd. (“Armco Shanghai”) PRC July 16, 2010 100%
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Recurring Fair Value Measures Level 1 Level 2 Level 3 Total June 30, 2015 Derivative liability - - - - Available-for-sale securities $ 3,471 - - $ 3,471 December 31, 2014 Derivative liability - - - - Available-for-sale securities $ 73,943 - - $ 73,943
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	June 30, 2015 December 31, 2014 June 30, 2014 Balance sheets 6.1088 6.1460 6.1564 Statements of operations and comprehensive income (loss) 6.1254 6.1457 6.1419
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Potentially Outstanding Dilutive Common Shares For the Six For the Six Months Ended Months Ended June 30, 2015 June 30, 2014 Conversion Feature Shares Common shares issuable under the conversion feature of convertible notes payable 265,233 41,698 Sub-total: Conversion feature shares 265,233 41,698 Unvested common shares issued to employees Unvested common shares issued to director, vested in July, October, December 2014 and January 2015 - 37,813 Sub-total: Unvested common shares issued to employees - 37,813 Stock Option Shares Options issued on October 5, 2010 to employees to purchase common shares with an exercise price of $50.00 per share expiring five (5) years from the date of issuance 4,000 4,000 Sub-total: Stock option shares: 4,000 4,000 Warrant Shares 153,847 and 7,692 Warrants issued on April 20, 2010 to investors to purchase common shares with an exercise price of $75.00 per shares expiring five (5) years from the date of issuance - 161,539 Sub-total: Warrant shares - 161,539 Total potentially outstanding dilutive common shares 269,233 245,050

Note 3 - Pledged Deposits (Tabl

Note 3 - Pledged Deposits (Tables)	6 Months Ended
	Jun. 30, 2015
Transfers and Servicing [Abstract]
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]	June 30, December 31, 2015 2014 Deposit for letters of credit $ 10,254 $ 10,492 Deposit for capital lease obligation - 488,123 $ 10,254 $ 498,615

Note 4 - Marketable Equity Se26

Note 4 - Marketable Equity Securities, Available for Sale (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurement Using Level 1 Inputs Original Impairment- Accumulated Other Fair Value Balance as of December 31, 2014 $ 2,686,102 (2,366,941 ) 183,924 (429,142 ) 73,943 Sales of the securities (251,331 ) (251,331 ) Total gain (realized/unrealized) included in: Other comprehensive income: Change in unrealized loss 180,859 180,859 Balance as of June 30, 2015 $ 2,434,771 $ (2,366,941 ) $ 183,924 $ (248,283 ) $ 3,471

Note 5 - Accounts Receivable (T

Note 5 - Accounts Receivable (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, December 31, 2015 2014 Accounts receivable $ 18,883,947 $ 43,257,621 Allowance for doubtful accounts (6,331 ) (54,735 ) $ 18,877,616 $ 43,202,886

Note 6 - Inventories (Tables)

Note 6 - Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	June 30, December 31, 2015 2014 Raw materials - Scrap metal $ 4,283,866 $ 2,602,983 Finished goods - processed scrap metal 22,158,696 7,684,154 Purchased merchandise for resale 415,859 697,217 Write-down of inventories (12,485,983 ) (1,829,891 ) $ 14,372,438 $ 9,154,463

Note 7 - Loans and Convertibl29

Note 7 - Loans and Convertible Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2015
Loans Payable [Abstract]
Loans Payable [Table Text Block]	June 30, December 31, 2015 2014 Bank loans – secured (i) $ 2,500,786 $ 2,485,649 Third party loans (ii) 8,690,216 14,347,694 Convertible notes payable (iii) 158,786 178,500 $ 11,349,788 $ 17,011,843

Note 8 - Banker's Acceptance 30

Note 8 - Banker's Acceptance Notes Payable and Letters of Credit (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Short-term Debt [Table Text Block]	June 30, December 31, 2015 2014 Renewable Metals Letters of credit maturing on August 2, 2015 $ 1,778,555 $ 1,767,790 $ 1,778,555 $ 1,767,790

Note 9 - Related Party Transa31

Note 9 - Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	June 30, December 31, 2015 2014 Keli Yao $ - $ - Yi Chu 582,618 717,703 Total $ 582,618 $ 717,703

Note 10 - Capital Lease Oblig32

Note 10 - Capital Lease Obligation (Tables)	6 Months Ended
	Jun. 30, 2015
Leases, Capital [Abstract]
Schedule of Capital Leased Assets [Table Text Block]	June 30, December 31, 2015 2014 Total capital lease obligation $ - $ 720,819 Less current maturities - (720,819 ) Total Capital lease obligation, net of current maturities $ - $ -

Note 11 - Derivative Instrume33

Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Share-based Compensation, Activity [Table Text Block]	Number of Warrant Shares Exercise Price Range Per Share Weighted Average Exercise Price Fair Value at Date of Issuance Aggregate Intrinsic Value Balance, December 31, 2014 161,539 75 75 - - Granted - - - - - Canceled for cashless exercise - - - - - Exercised (Cashless) - - - - - Exercised - - - - - Expired (161,539 ) Balance, June 30, 2015 - - - - - Earned and exercisable, June 30,2015 - - - - - Unvested, June 30, 2015 - $ - $ - $ - $ -
Schedule of Derivative Liabilities at Fair Value [Table Text Block]	Balance at December 31, 2014 $ - To record derivative liabilities as debt discount 596,629 Change in fair value of derivative liabilities (134,760 ) Settlement of derivative liability due to conversion of related notes (461,869 ) Balance at June 30, 2015 $ -

Note 12 - Commitments and Con34

Note 12 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Line of Credit Facilities [Table Text Block]	Date of Expiration Total Facilities Facilities Used Facilities Available Armco HK RZB Bank (i) July 31, 2015 $ 7,000,000 $ - $ 7,000,000 DBS (Hong Kong) Limited (ii) October 9, 2015 20,000,000 - 20,000,000 Sub-total - Armco HK 27,000,000 - 27,000,000 Henan Armco ICBC (iii) August 29, 2015 3,273,965 - 3,273,965 Guangdong Development Bank Zhengzhou Branch (iv) May 15, 2015 15,715,034 - 15,715,034 Sub-total – Henan Armco 18,988,999 - 18,988,999 Renewable Metals Bank of China Lianyungang Branch (v) December 27, 2015 8,184,914 - 8,184,914 Bank of Communications Lianyungang Branch (vi) August 2, 2015 11,786,276 1,778,467 10,007,809 Sub-total – Renewable Metals 19,971,190 1,778,467 18,192,723 $ 65,960,189 $ 1,778,467 $ 64,181,722

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Number of Fair Value at Shares or Options Date of Grant Balance, December 31, 2014 795,462 $ 4,118,012 Options – granted - - Options – canceled - - Shares – granted 290,106 393,087 Shares – canceled (- ) (- ) Balance, June 30, 2015 1,085,568 $ 4,511,099 Vested, June 30, 2015 1,055,568 4,473,599 Unvested, June 30, 2015 30,000 $ 37,500

Note 15 - Concentrations and 36

Note 15 - Concentrations and Credit Risk (Tables)	6 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]	Net sales For the Six Months Ended June 30, June 30, 2015 2014 Cusomter A 42.3 % - % Cusomter B 24.1 % 15.5 % Cusomter C 14.5 % - % Cusomter D 12.3 % 54.0 % 93.2 % 69.5 % Net Accounts Receivable at June 30, December 31, 2015 2014 Cusomter A 49.3 % 30.4 % Cusomter B 28.5 % 24.1 % Cusomter C 14.1 % 19.8 % 91.9 % 74.3 %
Schedule of Vendor Purchase Concentrations [Table Text Block]	Net Purchase For the Six Months Ended June 30, June 30, 2015 2014 Vendor A 59.5 % 79.2 % Vendor B 35.1 % 13.0 % 94.6 % 92.2 % Accounts Payable at June 30, December 31, 2015 2014 Vendor A 59.1 % 49.2 % Vendor B 14.0 % 29.6 % 73.1 % 78.8 %

Note 1 - Organization and Ope37

Note 1 - Organization and Operations (Details) - USD ($)	Aug. 12, 2008	Jun. 27, 2008	Jun. 27, 2008	Jun. 30, 2015	Dec. 31, 2014	Dec. 01, 2008
Note 1 - Organization and Operations (Details) [Line Items]
Common Stock, Par or Stated Value Per Share				$ 0.001	$ 0.001
Renewable Metals [Member]
Note 1 - Organization and Operations (Details) [Line Items]
Equity Method Investment, Ownership Percentage						100.00%
Armco HK [Member]
Note 1 - Organization and Operations (Details) [Line Items]
Equity Method Investment, Ownership Percentage	69.70%	100.00%	100.00%
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			7,694,000
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned		$ 6,890,000	$ 6,890,000
Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Options Issued		5,300,000
Common Stock, Par or Stated Value Per Share		$ 0.001	$ 0.001
Investment Options, Exercise Price	$ 13	$ 1.30
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	2 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	5,300,000
Stock Issued During Period, Value, Stock Options Exercised	$ 6,890,000
Armco HK 2 [Member]
Note 1 - Organization and Operations (Details) [Line Items]
Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Options Issued		2,000,000
Investment Options, Exercise Price		$ 5

Note 2 - Significant and Crit38

Note 2 - Significant and Critical Accounting Policies and Practices (Details)	Jul. 21, 2005	Jul. 20, 2005
China, Yuan Renminbi
Note 2 - Significant and Critical Accounting Policies and Practices (Details) [Line Items]
Foreign Currency Exchange Rate, Translation	8.11	8.28

Note 2 - Significant and Crit39

Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Consolidation Information - 3 months ended Mar. 31, 2015	Total
Armco HK [Member]
Variable Interest Entity [Line Items]
Jurisdiction	Hong Kong SAR
Attributable interest	100.00%
Henan Armco [Member]
Variable Interest Entity [Line Items]
Jurisdiction	PRC
Attributable interest	100.00%
Renewable Metals [Member]
Variable Interest Entity [Line Items]
Jurisdiction	PRC
Attributable interest	100.00%
Lianyungang Armco [Member]
Variable Interest Entity [Line Items]
Jurisdiction	PRC
Attributable interest	100.00%
Armco Shanghai [Member]
Variable Interest Entity [Line Items]
Jurisdiction	PRC
Attributable interest	100.00%

Note 2 - Significant and Crit40

Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Financial Assets and Liabilities Recurring Fair Value Measures - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Financial Assets and Liabilities Recurring Fair Value Measures [Line Items]
Available-for-sale securities	$ 3,471	$ 73,943
Fair Value, Inputs, Level 1 [Member]
Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Financial Assets and Liabilities Recurring Fair Value Measures [Line Items]
Available-for-sale securities	$ 3,471	$ 73,943

Note 2 - Significant and Crit41

Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Exchange Rates (RMB Into U.S. Dollars)	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Balance Sheet [Member]
Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Exchange Rates (RMB Into U.S. Dollars) [Line Items]
Financial Statement	6.1088	6.1460	6.1564
Statement of Operations and Comprehensive Income (Loss) [Member]
Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Exchange Rates (RMB Into U.S. Dollars) [Line Items]
Financial Statement	6.1254	6.1457	6.1419

Note 2 - Significant and Crit42

Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Potential Outstanding Dilutive Common Shares - shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Conversion Feature Shares
Antidilutive securities	269,233	245,050
Unvested Common Shares [Member]
Conversion Feature Shares
Antidilutive securities		37,813
Employee Stock Option [Member]
Conversion Feature Shares
Antidilutive securities	4,000	4,000
Warrant [Member]
Conversion Feature Shares
Antidilutive securities		161,539
Common Stock [Member]
Conversion Feature Shares
Antidilutive securities	265,233	41,698
October 5, 2010 [Member] | Employee Stock Option [Member]
Conversion Feature Shares
Antidilutive securities	4,000	4,000
April 20, 2010 [Member] | Warrant [Member]
Conversion Feature Shares
Antidilutive securities		161,539

Note 2 - Significant and Crit43

Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Potential Outstanding Dilutive Common Shares (Parentheticals) - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
October 5, 2010 [Member]
Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Potential Outstanding Dilutive Common Shares (Parentheticals) [Line Items]
Options issued to employees, exercise price	$ 50	$ 50
April 20, 2010 [Member]
Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Potential Outstanding Dilutive Common Shares (Parentheticals) [Line Items]
Warrants, exercise price	$ 75	$ 75
Issued to Investors [Member]
Note 2 - Significant and Critical Accounting Policies and Practices (Details) - Potential Outstanding Dilutive Common Shares (Parentheticals) [Line Items]
Warrants issued (in Shares)	153,847	7,692

Note 3 - Pledged Deposits (Deta

Note 3 - Pledged Deposits (Details) - Pledged Deposits - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Pledged Deposits [Abstract]
Deposit for letters of credit	$ 10,254	$ 10,492
Deposit for capital lease obligation	0	488,123
	$ 10,254	$ 498,615

Note 4 - Marketable Equity Se45

Note 4 - Marketable Equity Securities, Available for Sale (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Note 4 - Marketable Equity Securities, Available for Sale (Details) [Line Items]
Available-for-sale Securities	$ 3,471	$ 73,943
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax	$ (180,859)
Marketable Securities Shares Sold (in Shares)	7,164,879
Proceeds from Issuance or Sale of Equity	$ 46,565
Available-for-sale Securities, Gross Realized Losses	204,766
Estimate of Fair Value Measurement [Member]
Note 4 - Marketable Equity Securities, Available for Sale (Details) [Line Items]
Available-for-sale Securities	$ 3,471

Note 4 - Marketable Equity Se46

Note 4 - Marketable Equity Securities, Available for Sale (Details) - Fair Value of Marketable Securities, Available for Sale - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Note 4 - Marketable Equity Securities, Available for Sale (Details) - Fair Value of Marketable Securities, Available for Sale [Line Items]
Balance as of December 31, 2014			$ 73,943
Sales of the securities			(46,565)
Total gain (realized/unrealized) included in:
Other comprehensive income: Change in unrealized loss	$ 32,557	$ 10,530	180,859	$ 32,468
Balance as of June 30, 2015	3,471		3,471
Fair Value, Inputs, Level 1 [Member]
Note 4 - Marketable Equity Securities, Available for Sale (Details) - Fair Value of Marketable Securities, Available for Sale [Line Items]
Balance as of December 31, 2014			2,686,102
Balance as of December 31, 2014			(2,366,941)
Balance as of December 31, 2014			183,924
Balance as of December 31, 2014			(429,142)
Balance as of December 31, 2014			73,943
Sales of the securities			(251,331)
Sales of the securities			(251,331)
Total gain (realized/unrealized) included in:
Other comprehensive income: Change in unrealized loss			180,859
Other comprehensive income: Change in unrealized loss			180,859
Balance as of June 30, 2015	2,434,771		2,434,771
Balance as of June 30, 2015	(2,366,941)		(2,366,941)
Balance as of June 30, 2015	183,924		183,924
Balance as of June 30, 2015	(248,283)		(248,283)
Balance as of June 30, 2015	$ 3,471		$ 3,471

Note 5 - Accounts Receivable (D

Note 5 - Accounts Receivable (Details) - Accounts Receivable - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounts Receivable [Abstract]
Accounts receivable	$ 18,883,947	$ 43,257,621
Allowance for doubtful accounts	(6,331)	(54,735)
	$ 18,877,616	$ 43,202,886

Note 6 - Inventories (Details)

Note 6 - Inventories (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Note 6 - Inventories (Details) [Line Items]
Inventory, Work in Process, Gross	$ 0	$ 0
Inventory Adjustments	12,485,983	$ 1,829,891
Inventory Valuation and Obsolescence [Member]
Note 6 - Inventories (Details) [Line Items]
Inventory Adjustments	0		$ 0
Lower of Cost or Market [Member]
Note 6 - Inventories (Details) [Line Items]
Inventory Adjustments	$ 10,616,101		$ (541,834)

Note 6 - Inventories (Details)

Note 6 - Inventories (Details) - Inventories - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Inventories [Abstract]
Raw materials - Scrap metal	$ 4,283,866	$ 2,602,983
Finished goods - processed scrap metal	22,158,696	7,684,154
Purchased merchandise for resale	415,859	697,217
Write-down of inventories	(12,485,983)	(1,829,891)
	$ 14,372,438	$ 9,154,463

Note 7 - Loans and Convertibl50

Note 7 - Loans and Convertible Notes Payable (Details)	Jun. 26, 2015USD ($)$ / sharesshares	Jun. 03, 2015USD ($)$ / sharesshares	May. 20, 2015USD ($)$ / sharesshares	May. 08, 2015USD ($)$ / sharesshares	Apr. 27, 2015shares	Mar. 06, 2015USD ($)	Mar. 06, 2015CNY (¥)	Mar. 03, 2015USD ($)$ / sharesshares	Oct. 29, 2014USD ($)$ / sharesshares	Aug. 27, 2014USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2014CNY (¥)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Apr. 24, 2015USD ($)
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Convertible Notes Payable									$ 78,500	$ 100,000
Debt Instrument, Convertible, Threshold Consecutive Trading Days									10 days	10 days
Henan's Building and Leasehold Improvement [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted													$ 163,698
Renewable Metal's Inventories [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted													2,337,087
Notes Payable to Banks [Member] | Land Use Rights [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Loans Payable													$ 8,135,373	¥ 50,000,000
Magna Equities II LLC [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Conversion, Original Debt, Amount								$ 100,000
Debt Conversion, Accrued Interest, Amount								$ 4,067
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares								142,779
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $ / shares								$ 0.72887
KBM Worldwide Inc. [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Conversion, Original Debt, Amount				$ 78,500					$ 78,500
Debt Conversion, Accrued Interest, Amount				$ 3,110					$ 3,110
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares				115,317					115,317
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $ / shares				$ 0.7077					$ 0.7077
Shanghai Heqi Investment Center [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage													6.00%	6.00%	6.00%
Debt Conversion, Original Debt, Amount	$ 332,203	$ 282,030	$ 334,600
Debt Conversion, Accrued Interest, Amount	$ 2,203	$ 2,030	$ 4,600
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares	355,359	313,019	302,805
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $ / shares	$ 0.93484	$ 0.90100	$ 1.10500
Convertible Notes Payable													$ 167,620		$ 1,200,000
Conversion Rate Percentage					85.00%
Debt Instrument, Convertible, Threshold Consecutive Trading Days					10 days
Convertible Debt, Maximum Shares (in Shares) | shares					1,224,154
Debt Conversion, Principal, Amount	$ 330,000	$ 280,000	$ 330,000
Debt Instrument, Face Amount													260,000
Debt Instrument, Unamortized Discount													$ 92,380
Lianyungang Chaoyang Investment Construction Development Co. Ltd [Member] | Notes Payable to Banks [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage													6.42%	6.42%
Loans Payable													$ 4,092,457	¥ 25,000,000
Debt Instrument, Decrease, Forgiveness, Percentage						50.00%	50.00%
Debt Instrument, Decrease, Forgiveness						$ 4,060,617	¥ 25,000,000
Interest Expense, Debt											$ 511,097	¥ 3,141,048
Loan Obligations, Past Due													2,046,228	¥ 12,500,000
Bears No Interest [Member] | Third Party Loans [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Loans Payable													411,799
Bears Interest [Member] | Third Party Loans [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Loans Payable													$ 8,269,583
Minimum [Member] | Notes Payable to Banks [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage													2.47%	2.47%
Minimum [Member] | Third Party Loans [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage													6.00%	6.00%
Maximum [Member] | Notes Payable to Banks [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage													11.59%	11.59%
Maximum [Member] | Third Party Loans [Member]
Note 7 - Loans and Convertible Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage													8.00%	8.00%

Note 7 - Loans and Convertibl51

Note 7 - Loans and Convertible Notes Payable (Details) - Loans Payable - USD ($)		Jun. 30, 2015	Dec. 31, 2014
Loans Payable [Abstract]
Bank loans – secured (i)	[1]	$ 2,500,786	$ 2,485,649
Third party loans (ii)	[2]	8,690,216	14,347,694
Convertible notes payable (iii)	[3]	158,786	178,500
		$ 11,349,788	$ 17,011,843
[1]	The Company obtained those short term loans from Shanghai Pudong Development Bank and Guanhutun Credit Union, respectively. Interest rates for the loans ranged from 2.47% to 11.59% per annum. The maturity dates of the loans ranged from March 16, 2016 to April 9, 2016. Corporate or personal guarantees were provided for the bank loans as follows: $163,698 loans from Guanhutun Credit Union, collateralized by Henan Armco's building and leasehold improvement $2,337,087 loans from Shanghai Pudong Development Bank, collateralized by Renewable Metals inventories and guaranteed by the Company's Chairman and Chief Executive Officer
[2]	Among third party loans, $411,799 bears no interest and $8,269,583 bears interest rates ranging from 6.0% to 8.0% per annum. The maturity dates of the loans ranged from July 20, 2015 to December 31, 2015. Collateralization of Property, Plant and Equipment and Land Use Rights Both Renewable Metals and Lianyungang Armco's property, plant and equipment and land use rights representing all of the Company's land use rights were collateralized for bank loans of RMB 50,000,000 (approximately $8,135,373) with the Bank of China Lianyungang Branch. On December 25, 2014, China Orient Asset Management Corporation, an organization authorized by the People's Bank of China to dispose of bad assets from banks, mainly from Bank of China, transferred the loan to Lianyungang Chaoyang Investment Construction Development Co., Ltd, and the related collateral was released as of December 31, 2014. On March 6, 2015, Chaoyang Investing & Construction Company agreed to waive 50% of the loan (RMB 25,000,000, approximately $4,060,617) for the Company in order to attract future investment from the Company. The interest (RMB 3,141,048, approximately $511,097) of the loan for the year ended December 31, 2014 was not waived but won't bear any further interest. The interest rate of the remaining loan (RMB 25,000,000, approximately $4,092,457) is 6.42%. As of the filing date, the Company has not made the scheduled repayment of RMB 12,500,000 (approximately $2,046,228) and is in the process of negotiating with the creditor to extend such payment to December 31, 2015 and for possible debt restructuring. Based on the loan agreement, the outstanding principal and interest of the loan should be paid off by December 31, 2015.
[3]	On March 3, 2015, Magna Equities II LLC converted its outstanding balance of $100,000 principal of the convertible note and its accrued interest of $4,067 into 142,779 shares with the conversation rate of $0.72887/share. On May 8, 2015, KBM Worldwide Inc. converted its outstanding balance of $78,500 of principal of the convertible note and its accrued interest of $3,110 into 115,317 shares with the conversion rate of $0.7077/share. On April 24, 2015, Fremery Holding Ltd. ("Fremery") and Shanghai Heqi Investment Center ("Heqi") entered into an agreement to transfer $1.2 million of the loan Renewable Metals previously borrowed from Fremery where Armco Metals Holdings was a guarantor to Heqi with the interest rate of 6% per annum and the due date on or before July 20, 2015. On April 27, 2015, Armco Metals Holdings signed an agreement with Heqi to permit Heqi to convert its loan and outstanding interest into the Company's common shares with conversion rate of 85% multiplied by the volume weighed average price for the common stock during the 10 trading days ending on the latest complete trading day prior to the conversion date with maximum conversion shares amount of 1,224,154 shares of common stock. On May 20, 2015, Heqi converted $334,600, including $330,000 principal and $4,600 interest into 302,805 shares of common shares with the conversion rate of $1.10500/share. On June 3, 2015, Heqi converted $282,030, including $280,000 principal and $2,030 interest into 313,019 shares with the conversion rate of $0.90100/shares. On June 26, 2015, Heqi converted $332,203, including $330,000 principal and $2,203 interest into 355,359 shares with the conversion rate of $0.93484/share. As of June 30, 2015, the convertible note balance with Heqi was $167,620, including the principal balance of $260,000 and the debt discount of $92,380, with the interest rate of 6% per annum. See Note 11 for derivative analysis on the convertible notes.

Note 8 - Banker's Acceptance 52

Note 8 - Banker's Acceptance Notes Payable and Letters of Credit (Details) - Banker’s Acceptance Notes Payable - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Renewable Metals
Short-term debt	$ 1,778,555	$ 1,767,790
Renewable Metals [Member]
Renewable Metals
Short-term debt	1,778,555	1,767,790
Renewable Metals [Member] | Letter of Credit [Member]
Renewable Metals
Short-term debt	$ 1,778,555	$ 1,767,790

Note 9 - Related Party Transa53

Note 9 - Related Party Transactions (Details)	Jun. 09, 2015USD ($)$ / sharesshares	Jan. 01, 2006CNY (¥)m²	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)	Jun. 30, 2015CNY (¥)	Dec. 31, 2014USD ($)
Note 9 - Related Party Transactions (Details) [Line Items]
Due to Related Parties			$ 582,618				¥ 582,618	$ 717,703
Operating Lease From Related Party [Member]
Note 9 - Related Party Transactions (Details) [Line Items]
Area of Land (in Square Meters) | m²		176.37
Operating Leases, Rent Expense			9,822	¥ 60,000	$ 9,746	¥ 60,000
Operating Lease From Related Party [Member] | Monthly Payment [Member]
Note 9 - Related Party Transactions (Details) [Line Items]
Operating Leases, Rent Expense | ¥		¥ 10,000
Chief Executive Officer [Member]
Note 9 - Related Party Transactions (Details) [Line Items]
Proceeds from Related Party Debt	$ 976,366
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares	650,910
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $ / shares	$ 1.5
Due to Related Parties			$ 167,117					$ 877,076

Note 9 - Related Party Transa54

Note 9 - Related Party Transactions (Details) - Due to Other Related Parties	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Dec. 31, 2014USD ($)
Related Party Transaction [Line Items]
Due to Related Parties	$ 582,618	¥ 582,618	$ 717,703
Yi Chu [Member]
Related Party Transaction [Line Items]
Due to Related Parties	$ 582,618		$ 717,703

Note 10 - Capital Lease Oblig55

Note 10 - Capital Lease Obligation (Details)

Mar. 31, 2015USD ($)

Mar. 29, 2015USD ($)

Sep. 17, 2013USD ($)

Sep. 15, 2012USD ($)

Dec. 12, 2011

Nov. 18, 2010

Jun. 30, 2015USD ($)

Mar. 23, 2015USD ($)

Mar. 23, 2015CNY (¥)

Dec. 31, 2014USD ($)

Sep. 17, 2013CNY (¥)

Sep. 15, 2012CNY (¥)

Note 10 - Capital Lease Obligation (Details) [Line Items]

Capital Lease Agreement Term

46 months

3 years

3 years

Capital Lease Interest Rate

10.17%

11.00%

11.80%

Capital Lease Obligations

$ 2,261,284

$ 5,935,517

$ 0

$ 130,826

¥ 800,000

$ 720,819

¥ 15,000,000

¥ 37,500,000

Security Deposit

488,122

¥ 3,000,000

Settlement of Overdue Capital Lease Obligation

$ 3,000,000

Overdue Lease Obligation [Member]

Note 10 - Capital Lease Obligation (Details) [Line Items]

Capital Lease Obligations

$ 159,831

$ 560,988

Capital Lease Obligations [Member]

Note 10 - Capital Lease Obligation (Details) [Line Items]

Other Income

$ 89,397

$ 35,974

Note 10 - Capital Lease Oblig56

Note 10 - Capital Lease Obligation (Details) - Capital Lease Obligation	Jun. 30, 2015USD ($)	Mar. 23, 2015USD ($)	Mar. 23, 2015CNY (¥)	Dec. 31, 2014USD ($)	Sep. 17, 2013USD ($)	Sep. 17, 2013CNY (¥)	Sep. 15, 2012USD ($)	Sep. 15, 2012CNY (¥)
Capital Lease Obligation [Abstract]
Total capital lease obligation	$ 0	$ 130,826	¥ 800,000	$ 720,819	$ 2,261,284	¥ 15,000,000	$ 5,935,517	¥ 37,500,000
Less current maturities	0			(720,819)
Total Capital lease obligation, net of current maturities	$ 0			$ 0

Note 11 - Derivative Instrume57

Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) - USD ($)	Jun. 26, 2015	Jun. 03, 2015	May. 20, 2015	May. 08, 2015	Apr. 27, 2015	Mar. 03, 2015	Oct. 29, 2014	Aug. 27, 2014	Jun. 30, 2015	Jun. 30, 2014	Apr. 24, 2015	Dec. 31, 2014
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) [Line Items]
Derivative Liability									$ 0			$ 0
Debt Instrument, Conversion Term							180 days	180 days
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger							63.00%	58.00%
Debt Instrument, Convertible, Threshold Trading Prices							3	3
Debt Instrument, Convertible, Threshold Consecutive Trading Days							10 days	10 days
Convertible Notes Payable							$ 78,500	$ 100,000
Amortization of Debt Discount (Premium)									504,249	$ 1,985,325
Magna Equities II LLC [Member]
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) [Line Items]
Debt Conversion, Original Debt, Amount						$ 100,000
Debt Conversion, Accrued Interest, Amount						$ 4,067
Debt Conversion, Converted Instrument, Shares Issued (in Shares)						142,779
Debt Instrument, Convertible, Conversion Price (in Dollars per share)						$ 0.72887
KBM Worldwide Inc. [Member]
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) [Line Items]
Debt Conversion, Original Debt, Amount				$ 78,500			78,500
Debt Conversion, Accrued Interest, Amount				$ 3,110			$ 3,110
Debt Conversion, Converted Instrument, Shares Issued (in Shares)				115,317			115,317
Debt Instrument, Convertible, Conversion Price (in Dollars per share)				$ 0.7077			$ 0.7077
Shanghai Heqi Investment Center [Member]
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) [Line Items]
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger					85.00%
Debt Instrument, Convertible, Threshold Consecutive Trading Days					10 days
Convertible Notes Payable									$ 167,620		$ 1,200,000
Debt Conversion, Original Debt, Amount	$ 332,203	$ 282,030	$ 334,600
Debt Conversion, Accrued Interest, Amount	$ 2,203	$ 2,030	$ 4,600
Debt Conversion, Converted Instrument, Shares Issued (in Shares)	355,359	313,019	302,805
Debt Instrument, Convertible, Conversion Price (in Dollars per share)	$ 0.93484	$ 0.90100	$ 1.10500
Debt Instrument, Interest Rate, Stated Percentage									6.00%		6.00%
Convertible Debt, Maximum Shares (in Shares)					1,224,154
Debt Conversion, Principal, Amount	$ 330,000	$ 280,000	$ 330,000
Debt Instrument, Face Amount									$ 260,000
Debt Instrument, Unamortized Discount									$ 92,380
Convertible Notes Payable [Member]
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) [Line Items]
Fair Value Assumptions, Expected Dividend Rate									0.00%
Convertible Debt, Fair Value Disclosures									$ 596,629
Amortization of Debt Discount (Premium)									$ 504,249
Minimum [Member] | Convertible Notes Payable [Member]
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) [Line Items]
Fair Value Assumptions, Expected Volatility Rate									110.00%
Fair Value Assumptions, Risk Free Interest Rate									0.01%
Fair Value Assumptions, Expected Term									73 days
Maximum [Member] | Convertible Notes Payable [Member]
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) [Line Items]
Fair Value Assumptions, Expected Volatility Rate									138.00%
Fair Value Assumptions, Risk Free Interest Rate									0.08%

Note 11 - Derivative Instrume58

Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) - Non-Derivative Warrant Activities - Jun. 30, 2015 - Warrants 2010 [Member] - Class of Warrant or Right [Domain] - $ / shares	Total
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) - Non-Derivative Warrant Activities [Line Items]
Balance, December 31, 2014	161,539
Balance, December 31, 2014	$ 75
Expired	(161,539)
Weighted Average [Member]
Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) - Non-Derivative Warrant Activities [Line Items]
Balance, December 31, 2014	$ 75

Note 11 - Derivative Instrume59

Note 11 - Derivative Instruments and the Fair Value of Financial Instruments (Details) - Change of Fair Value of Derivative Debt Liabilities - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Change of Fair Value of Derivative Debt Liabilities [Abstract]
Balance at December 31, 2014	$ 0
To record derivative liabilities as debt discount	596,629
Change in fair value of derivative liabilities	(134,760)
Settlement of derivative liability due to conversion of related notes	(461,869)	$ (2,101,665)
Balance at June 30, 2015	$ 0

Note 12 - Commitments and Con60

Note 12 - Commitments and Contingencies (Details)

Apr. 13, 2015USD ($)

Mar. 25, 2015USD ($)

Mar. 19, 2015USD ($)shares

Jul. 01, 2014USD ($)

Jul. 01, 2014CNY (¥)

May. 16, 2014USD ($)

Sep. 10, 2013USD ($)

Jul. 05, 2011USD ($)

Dec. 21, 2011USD ($)

Dec. 20, 2011

Jul. 01, 2015USD ($)

Jun. 30, 2015USD ($)

Mar. 24, 2015USD ($)

May. 16, 2014CNY (¥)

Sep. 10, 2013CNY (¥)

Mar. 15, 2013USD ($)

Mar. 15, 2013CNY (¥)

Jul. 05, 2011CNY (¥)

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 7,000,000

Long-term Line of Credit

1,778,467

Pledged Deposits

3.00%

Yao [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures (in Shares) | shares

60,000

Subsequent Event [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 5,500,000

Lessee Leasing Arrangements, Base Monthly Rental

$ 1,629.85

Lessee Leasing Arrangements, Annual Rent Increase

4.00%

Lessee Leasing Arrangements, Monthly Operating Expenses

$ 660.75

Subsequent Event [Member] | Yao [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Salaries, Wages and Officers' Compensation

$ 250,000

Bonus Percentage of Base Salary

50.00%

Reimbursable Fees to Executive

$ 10,000

Life Insurance Death Benefit

$ 2,000,000

Renewable Metals [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Long-term Line of Credit

$ 1,778,467

Armco Shanghai [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Operating Leases, Rent Expense, Net

$ 110,485

¥ 674,933

RZB Hong Kong [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 7,000,000

$ 15,000,000

Debt Instrument, Basis Spread on Variable Rate

200.00%

RZB Hong Kong [Member] | Each Issuance [Member] | Balance Outstanding [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Export Bill Collection Commission

6.25%

DBS Hong Kong [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 20,000,000

Debt Instrument, Basis Spread on Variable Rate

2.50%

ICBC Bank [Member] | Henan Armco [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 3,300,000

¥ 20,000,000

Line of Credit Facility, Expiration Period

1 year

Guangdong Development Bank [Member] | Henan Armco [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 15,700,000

¥ 96,000,000

Interest Rate Basis Points Above Cost of Funds

120.00%

Bank of China Lianyungang [Member] | Renewable Metals [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 8,200,000

¥ 50,000,000

Debt Instrument, Interest Rate, Stated Percentage

7.872%

7.872%

Bank of Communications Lianyungang [Member] | Renewable Metals [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 11,800,000

¥ 72,000,000

Cash Collateral Letters of Credit at Sight

20.00%

Cash Collateral Other Domestic Letters of Credit

30.00%

Inventory Collateral

166.00%

DBS Hong Kong [Member] | Balance Outstanding [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Export Bill Collection Commission

6.25%

DBS Hong Kong [Member] | Commission [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Export Bill Collection Commission

12.50%

DBS Hong Kong [Member] | Opening Commission [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Export Bill Collection Commission

25.00%

Long-term Line of Credit

$ 50,000

DBS Hong Kong [Member] | Each Issuance [Member] | Opening Commission [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Long-term Line of Credit

$ 50,000

Commission [Member] | RZB Hong Kong [Member]

Note 12 - Commitments and Contingencies (Details) [Line Items]

Export Bill Collection Commission

6.25%

Note 12 - Commitments and Con61

Note 12 - Commitments and Contingencies (Details) - Uncommitted Trade Credit Facilities - Jun. 30, 2015 - USD ($)		Total
Armco HK
Total Facilities		$ 65,960,189
Facilities Used		1,778,467
Facilities Available		64,181,722
Armco HK [Member]
Armco HK
Total Facilities		27,000,000
Facilities Available		27,000,000
Henan Armco [Member]
Armco HK
Total Facilities		18,988,999
Facilities Available		18,988,999
Renewable Metals [Member]
Armco HK
Total Facilities		19,971,190
Facilities Used		1,778,467
Facilities Available		$ 18,192,723
RZB Beijing [Member] | Armco HK [Member]
Armco HK
Date of Expiration	[1]	Jul. 31, 2015
Total Facilities	[1]	$ 7,000,000
Facilities Used	[1]
Facilities Available	[1]	$ 7,000,000
DBS Hong Kong [Member] | Armco HK [Member]
Armco HK
Date of Expiration	[2]	Oct. 9, 2015
Total Facilities	[2]	$ 20,000,000
Facilities Used	[2]
Facilities Available	[2]	$ 20,000,000
ICBC Bank [Member] | Henan Armco [Member]
Armco HK
Date of Expiration	[3]	Aug. 29, 2015
Total Facilities	[3]	$ 3,273,965
Facilities Used	[3]
Facilities Available	[3]	$ 3,273,965
Guangdong Development Bank [Member] | Henan Armco [Member]
Armco HK
Date of Expiration	[4]	May 15, 2015
Total Facilities	[4]	$ 15,715,034
Facilities Used	[4]
Facilities Available	[4]	$ 15,715,034
Bank of China Lianyungang [Member] | Renewable Metals [Member]
Armco HK
Date of Expiration	[5]	Dec. 27, 2015
Total Facilities	[5]	$ 8,184,914
Facilities Used	[5]
Facilities Available	[5]	$ 8,184,914
Bank of Communications Lianyungang [Member] | Renewable Metals [Member]
Armco HK
Date of Expiration	[6]	Aug. 2, 2015
Total Facilities	[6]	$ 11,786,276
Facilities Used	[6]	1,778,467
Facilities Available	[6]	$ 10,007,809
[1]	On March 12, 2014, Armco HK entered into Amendment No. 5 to the March 25, 2009 uncommitted Trade Finance Facility with RZB Austria Finance (Hong Kong) Limited. The amendment indicates that the total facilities amount shall be decreased from $15,000,000 to $7,000,000, expiring July 31, 2015. The Company pays interest at 200 basis points per annum plus the lender's cost of funds per annum on issued letters of credit in addition to fees upon issuance of the letter of credit of 6.25% for issuance commissions, negotiation commissions, commission-in-lieu and collection commissions. Amounts advanced under this facility are repaid from the proceeds of the sale of metal ore. As of June 30, 2015, Armco HK and RZB bank were in the process renewing the line of credit. The amount of the Amendment No.6 shall be decreased from $7,000,000 to $5,500,000, expiring November 30, 2016. The lender may, however, terminate the facility at any time or at its sole discretion upon the occurrence of any event which causes a material market disruption in respect of unusual movement in the level of funding costs to the lender or the unusual loss of liquidity in the funding market. The lender has the sole discretion to decide whether or not such event has occurred. The facility is secured by restricted cash deposits held by the lender, the personal guarantee of Mr. Yao, the Company's guarantee, and a security interest in the contract for the purchase of the ore for which the letter of credit has been issued and the contract for the sale of the ore.
[2]	On October 10, 2014, Armco HK extended the Banking Facilities Agreement with DBS Bank (Hong Kong) Limited (originally entered on December 21, 2011) of $20,000,000 for issuance of commercial letters of credit in connection with the Company's purchase of metal ore. The Company pays interest at LIBOR or DBS Bank's cost of funds plus 2.50% per annum on issued letters of credit in addition to an export bill collection commission equal to 12.5% of the first $50,000 and 6.25% of the balance and an opening commission of 25% on the first $50,000 and 6.25% of the balance for each issuance. Amounts advanced under this facility are repaid from the proceeds of the sale of metal ore. The lender may terminate the facility at anytime at its sole discretion. The facility is secured by the charge on cash deposit of the borrower, the borrower's restricted pledged deposit in the minimum amount of 3% of the letter of credit amount, the Company's letter of comfort and the guarantee of Mr. Yao.
[3]	On September 10, 2013, Henan Armco obtained a RMB 20,000,000 (approximately $3.3 million) line of credit from ICBC, for issuance of letters of credit to finance the purchase of metal ore and scrap metal expiring one (1) year from the date of issuance. The facility is guaranteed by Renewable Metals and Mr. Yao.
[4]	On May 16, 2014, Henan Armco obtained a RMB 96,000,000 (approximately $15.7 million) line of credit from Guangdong Development Bank Zhengzhou Branch for issuance of letters of credit to finance the purchase of metal ore. As of June 30, 2015, Henan Armco and the bank were in the process renewing the line of credit to expiring May 16, 2016. The Company pays interest at 120% of the applicable base rate for lending published by the People's Bank of China ("PBC") at the time the loan is made on issued letters of credit. The facility is secured by the guarantee provided by Mr. Yao and Renewable Metals jointly and the pledge of movable assets provided by the borrower. Amounts advanced under this line of credit are repaid from the proceeds of the sale of metal ore.
[5]	On March 15, 2013, Renewable Metals entered into a line of credit facility in the amount of RMB 50,000,000 (approximately $8.2 million) from Bank of China, Lianyungang Branch for the purchase of raw materials. The facility is expiring December 27, 2015 with interest at 7.872% per annum. The facility is secured by Renewable metals properties, machinery and equipment and land use rights, and guaranteed by Mr. Yao, Ms. Yi Chu, and Henan Armco, respectively.
[6]	On July 5, 2011, Renewable Metals obtained a RMB 72,000,000 (approximately $11.8 million) line of credit from Bank of Communications, Lianyungang Branch expiring August 2, 2015. The letters of credit require Renewable Metals to pledge cash deposit equal to 20% of the letter of credit for letters of credit at sight, or 30% for other domestic letters of credit and for extended domestic letters of credit, the collateral of inventory equal to 166% of the letter of credit. The facility is secured by Renewable Metals inventories and guarantee provided by Mr. Yao.

Note 13 - Stockholders' Equit62

Note 13 - Stockholders' Equity (Details) - USD ($)	Mar. 19, 2015	Jan. 13, 2015	Nov. 17, 2014	Apr. 07, 2014	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2015
Note 13 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures							230,106
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures (in Dollars)							$ 318,087
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares							30,000
Stock Granted, Value, Share-based Compensation, Net of Forfeitures (in Dollars)							$ 37,500
Chief Executive Officer [Member]
Note 13 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures	60,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Shanghai Heqi Investment Center [Member]
Note 13 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Issued for Services		150,000
Restated 2009 Stock Incentive Plan [Member]
Note 13 - Stockholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized			300,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			1,120,000		1,120,000		1,120,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant					34,432		34,432
All Bright Law Offices [Member]
Note 13 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Issued for Services				50,000
Legal Expenses [Member]
Note 13 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Issued for Services						12,500
Share Price (in Dollars per share)						$ 1.14
Stock Issued During Period, Value, Issued for Services (in Dollars)						$ 14,250
Consulting Fees [Member]
Note 13 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Issued for Services					37,500	24,167
Share Price (in Dollars per share)					$ 0.955	$ 1.14	$ 0.955
Stock Issued During Period, Value, Issued for Services (in Dollars)					$ 36,000	$ 27,550

Note 13 - Stockholders' Equit63

Note 13 - Stockholders' Equity (Details) - Amended and Restated 2009 Stock Incentive Plan Activities - Jun. 30, 2015 - USD ($)	Total
Amended and Restated 2009 Stock Incentive Plan Activities [Abstract]
Number of Shares or Options	795,462
Fair Value at Date of Grant	$ 4,118,012
Vested, June 30, 2015	30,000
Vested, June 30, 2015	$ 4,473,599
Unvested, June 30, 2015	30,000
Unvested, June 30, 2015	$ 37,500
Shares – granted	290,106
Shares – granted	$ 393,087
Number of Shares or Options	1,085,568
Fair Value at Date of Grant	$ 4,511,099

Note 14 - Income Taxes (Details

Note 14 - Income Taxes (Details)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	33.00%
Effective Income Tax Rate Reconciliation, Percent	20.76%	0.00%
Henan Armco [Member]
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	25.00%
Renewable Metals [Member]
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	25.00%
Lianyungang Armco [Member]
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	25.00%
Armco Shanghai [Member]
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	25.00%
Inland Revenue, Hong Kong [Member] | Armco HK [Member]
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	16.50%
State [Member]
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	30.00%
Local [Member]
Note 14 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	3.00%

Note 15 - Concentrations and 65

Note 15 - Concentrations and Credit Risk (Details) - Customer and Credit Concentrations - Customer Concentration Risk [Member]	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Sales Revenue, Net [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	93.20%	69.50%
Accounts Receivable [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	91.90%		74.30%
Customer A [Member] | Sales Revenue, Net [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	42.30%
Customer A [Member] | Accounts Receivable [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	49.30%		30.40%
Customer B [Member] | Sales Revenue, Net [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	24.10%	15.50%
Customer B [Member] | Accounts Receivable [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	28.50%		24.10%
Customer C [Member] | Sales Revenue, Net [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	14.50%
Customer C [Member] | Accounts Receivable [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	14.10%		19.80%
Customer D [Member] | Sales Revenue, Net [Member]
Revenue, Major Customer [Line Items]
Concentration risk, percentage	12.30%	54.00%

Note 15 - Concentrations and 66

Note 15 - Concentrations and Credit Risk (Details) - Vendor Purchase and Accounts Payable Concentrations - Supplier Concentration Risk [Member]	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Cost of Goods, Total [Member]
Note 15 - Concentrations and Credit Risk (Details) - Vendor Purchase and Accounts Payable Concentrations [Line Items]
Concentration rick, percentage	94.60%	92.20%
Account Payable [Member]
Note 15 - Concentrations and Credit Risk (Details) - Vendor Purchase and Accounts Payable Concentrations [Line Items]
Concentration rick, percentage	73.10%		78.80%
Vendor A [Member] | Cost of Goods, Total [Member]
Note 15 - Concentrations and Credit Risk (Details) - Vendor Purchase and Accounts Payable Concentrations [Line Items]
Concentration rick, percentage	59.50%	79.20%
Vendor A [Member] | Account Payable [Member]
Note 15 - Concentrations and Credit Risk (Details) - Vendor Purchase and Accounts Payable Concentrations [Line Items]
Concentration rick, percentage	59.10%		49.20%
Vendor B [Member] | Cost of Goods, Total [Member]
Note 15 - Concentrations and Credit Risk (Details) - Vendor Purchase and Accounts Payable Concentrations [Line Items]
Concentration rick, percentage	35.10%	13.00%
Vendor B [Member] | Account Payable [Member]
Note 15 - Concentrations and Credit Risk (Details) - Vendor Purchase and Accounts Payable Concentrations [Line Items]
Concentration rick, percentage	14.00%		29.60%

Note 16 - Subsequent Events (De

Note 16 - Subsequent Events (Details) $ / shares in Units, ¥ in Thousands	Jul. 21, 2015USD ($)$ / sharesshares	Jul. 20, 2015USD ($)	Jul. 20, 2015CNY (¥)	Jun. 10, 2015USD ($)	Jun. 10, 2015CNY (¥)	Mar. 31, 2015	Aug. 01, 2015shares
Armco Shanghai [Member]
Note 16 - Subsequent Events (Details) [Line Items]
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions						100.00%
Subsequent Event [Member]
Note 16 - Subsequent Events (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares) | shares							8,806
Percentage Discount of Lowest Closing Stock Price in July 2015							20.00%
Subsequent Event [Member] | Shanghai Heqi Investment Center [Member]
Note 16 - Subsequent Events (Details) [Line Items]
Debt Conversion, Principal, Amount	$ 170,937
Debt Conversion, Accrued Interest, Amount	$ 1,083
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares	252,971
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $ / shares	$ 0.6800
Repayments of Notes Payable	$ 89,063
Subsequent Event [Member] | Shanghai Meng Yi Network Technology Co., Ltd. [Member]
Note 16 - Subsequent Events (Details) [Line Items]
Proceeds from Contributed Capital				$ 1,600,000	¥ 10,000
Payments to Acquire Interest in Subsidiaries and Affiliates | ¥			¥ 1,450
Subsequent Event [Member] | Armco Shanghai [Member] | Shanghai Meng Yi Network Technology Co., Ltd. [Member]
Note 16 - Subsequent Events (Details) [Line Items]
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions		34.30%	34.30%
Payments to Acquire Interest in Subsidiaries and Affiliates		$ 230,000

Uncategorized Items - amco-2015

Label	Element	Value
Net Income (Loss) Attributable to Parent	us-gaap_NetIncomeLoss	$ (7,613,941)
Net Income (Loss) Attributable to Parent	us-gaap_NetIncomeLoss	(761,925)
Marketable Securities, Realized Gain (Loss), Excluding Other than Temporary Impairments	us-gaap_MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments	(45,767)
Gains (Losses) on Extinguishment of Debt	us-gaap_GainsLossesOnExtinguishmentOfDebt	$ 6,918