Inventories

9 Months Ended

May 31, 2016

Inventory, Net [Abstract]

Inventories

Inventories

Inventories consisted of the following (in thousands):

	May 31, 2016		August 31, 2015
Processed and unprocessed scrap metal	$	69,914	$	56,860
Semi-finished goods (billets)	12,927		10,648
Finished goods	35,910		50,440
Supplies	38,195		38,584
Inventories	$	156,946	$	156,532