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EARNINGS PER SHARE (Calculations of Basic and Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Aug. 31, 2019
Earnings Per Share [Abstract]      
Earnings from continuing operations $ 412,865 $ 278,302 $ 198,779
Basic earnings per share:      
Shares outstanding for basic earnings per share 120,338,357 118,921,854 117,834,558
Basic earnings per share from continuing operations attributable to CMC (USD per share) $ 3.43 $ 2.34 $ 1.69
Diluted earnings per share:      
Shares outstanding for basic earnings per share 120,338,357 118,921,854 117,834,558
Effect of dilutive securities:      
Stock-based incentive/purchase plans 1,645,140 1,387,767 1,290,070
Shares outstanding for diluted earnings per share 121,983,497 120,309,621 119,124,628
Diluted earnings per share from continuing operations attributable to CMC (USD per share) $ 3.38 $ 2.31 $ 1.67