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Related Party Transactions
9 Months Ended
May 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions

Note 11 - Related Party Transactions

The Company purchases recycled metal from its joint venture operation at prices that approximate fair market value. These purchases totaled $5 million and $10 million for the three months ended May 31, 2023 and 2022, respectively, and $13 million and $21 million for the nine months ended May 31, 2023 and 2022, respectively.