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Inventories, net (Tables)
12 Months Ended
Aug. 31, 2014
Inventory, Net [Abstract]  
Schedule of Inventory, Current
Inventories, net consisted of the following as of August 31 (in thousands):
 
2014
 
2013
Processed and unprocessed scrap metal
$
106,877

 
$
132,485

Semi-finished goods (billets)
12,920

 
10,745

Finished goods
59,039

 
56,830

Supplies
37,336

 
35,989

Inventories, net
$
216,172

 
$
236,049