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Revenue (Tables)
6 Months Ended
Feb. 28, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Revenues Disaggregated by Major Product and Sales Destination

The table below illustrates the Company’s revenues disaggregated by major product and sales destination (in thousands):

 

 

 

Three Months Ended February 28,

 

 

Six Months Ended February 28,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Major product information:

 

 

 

 

 

 

 

 

 

 

 

 

Ferrous revenues

 

$

434,122

 

 

$

438,314

 

 

$

695,851

 

 

$

904,170

 

Nonferrous revenues

 

 

179,655

 

 

 

196,142

 

 

 

357,330

 

 

 

390,571

 

Steel revenues(1)

 

 

107,825

 

 

 

116,196

 

 

 

232,340

 

 

 

219,434

 

Retail and other revenues

 

 

34,351

 

 

 

32,546

 

 

 

69,162

 

 

 

67,141

 

Total revenues

 

$

755,953

 

 

$

783,198

 

 

$

1,354,683

 

 

$

1,581,316

 

Revenues based on sales destination:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

$

436,219

 

 

$

435,471

 

 

$

708,903

 

 

$

906,644

 

Domestic

 

 

319,734

 

 

 

347,727

 

 

 

645,780

 

 

 

674,672

 

Total revenues

 

$

755,953

 

 

$

783,198

 

 

$

1,354,683

 

 

$

1,581,316

 

 

(1)
Steel revenues include predominantly sales of finished steel products, in addition to sales of semi-finished goods (billets) and steel manufacturing scrap.