Inventories

12 Months Ended

Aug. 31, 2015

Inventory, Net [Abstract]

Inventories

Inventories

Inventories consisted of the following as of August 31 (in thousands):

	2015		2014
Processed and unprocessed scrap metal	$	56,860	$	106,877
Semi-finished goods (billets)	10,648		12,920
Finished goods	50,440		59,039
Supplies	38,584		37,336
Inventories	$	156,532	$	216,172