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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Changes in Accounting Method (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Aug. 31, 2016
May 31, 2016
Feb. 29, 2016
Nov. 30, 2015
Aug. 31, 2015
May 31, 2015
Feb. 28, 2015
Nov. 30, 2014
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Cost of goods sold                 $ 3,974,513 $ 5,311,756 $ 6,096,196
Income taxes                 12,647 46,844 47,351
Earnings from continuing operations                 72,543 99,131 117,606
Net earnings attributable to CMC $ (131) $ 19,328 $ 10,502 $ 25,063 $ 12,353 $ 28,709 $ 6,197 $ 32,184 $ 54,762 $ 79,443 $ 113,243
Basic earnings per share from continuing operations attributable to CMC (USD per share)                 $ 0.63 $ 0.85 $ 1.00
Basic EPS attributable to CMC (USD per share) $ 0 $ 0.17 $ 0.09 $ 0.22 $ 0.11 $ 0.25 $ 0.05 $ 0.27 0.48 0.68 0.96
Diluted earnings per share from continuing operations attributable to CMC (USD per share)                 0.62 0.84 0.99
Diluted EPS attributable to CMC (USD per share) $ 0.00 $ 0.17 $ 0.09 $ 0.21 $ 0.11 0.25 0.05 0.27 $ 0.47 $ 0.67 $ 0.95
Inventories, net $ 652,754       $ 880,484       $ 652,754 $ 880,484  
Current deferred tax assets 0       3,310       0 3,310  
Accrued expenses and other payables 264,112       290,677       264,112 290,677  
Retained earnings $ 1,372,988       1,373,568       1,372,988 1,373,568  
Net earnings                 54,762 79,443 $ 113,244
Deferred income taxes                 (3,889) (13,071) 30,143
Net gain on sale of a subsidiary, cost method investment and other                 (2,591) (8,489) (13,833)
Write-down of inventories                 15,555 37,652 5,015
Inventories working capital change                 209,555 127,583 (191,356)
As Originally Reported                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Cost of goods sold                   5,213,203 6,109,338
Income taxes                   83,206 42,724
Earnings from continuing operations                 90,400 161,322 109,091
Net earnings attributable to CMC                 $ 72,619 $ 141,634 $ 115,551
Basic earnings per share from continuing operations attributable to CMC (USD per share)                 $ 0.78 $ 1.39 $ 0.93
Basic EPS attributable to CMC (USD per share)                 0.63 1.22 0.98
Diluted earnings per share from continuing operations attributable to CMC (USD per share)                 0.77 1.37 0.92
Diluted EPS attributable to CMC (USD per share)                 $ 0.62 $ 1.20 $ 0.97
Inventories, net         781,371         $ 781,371  
Current deferred tax assets         29,137         29,137  
Accrued expenses and other payables         279,415         279,415  
Retained earnings         $ 1,311,544         1,311,544  
Net earnings                   141,634 $ 115,552
Deferred income taxes                   23,291 32,348
Net gain on sale of a subsidiary, cost method investment and other                     (31,356)
Write-down of inventories                   15,935 4,000
Inventories working capital change                   50,747 (177,331)
Effect of Change                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Cost of goods sold                   98,553 (13,142)
Income taxes                   (36,362) 4,627
Earnings from continuing operations                 $ (17,857) (62,191) 8,515
Net earnings attributable to CMC                 $ (17,857) $ (62,191) $ (2,308)
Basic earnings per share from continuing operations attributable to CMC (USD per share)                 $ (0.15) $ (0.54) $ 0.07
Basic EPS attributable to CMC (USD per share)         $ 0.16 (0.24) (0.41) (0.04) (0.15) (0.54) (0.02)
Diluted earnings per share from continuing operations attributable to CMC (USD per share)                 (0.15) (0.53) 0.07
Diluted EPS attributable to CMC (USD per share)         $ 0.16 $ (0.24) $ (0.41) $ (0.03) $ (0.15) $ (0.53) $ (0.02)
Inventories, net         $ 99,113         $ 99,113  
Current deferred tax assets         (25,827)         (25,827)  
Accrued expenses and other payables         11,262         11,262  
Retained earnings         $ 62,024         62,024  
Net earnings                   (62,191) $ (2,308)
Deferred income taxes                   (36,362) (2,205)
Net gain on sale of a subsidiary, cost method investment and other                     17,523
Write-down of inventories                   21,717 1,015
Inventories working capital change                   $ 76,836 $ (14,025)