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Inventory
12 Months Ended
Dec. 31, 2015
Inventory [Abstract]  
Inventory

 

Note 2: Inventory

The major classes of inventory are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

2015

 

2014

(dollars in thousands)

 

 

 

 

 

 

Raw materials and starting stock

 

$

6,235 

 

$

8,943 

Semi-finished and finished steel products

 

 

69,907 

 

 

84,816 

Operating materials

 

 

8,543 

 

 

8,759 

 

 

 

 

 

 

 

Gross inventory

 

 

84,685 

 

 

102,518 

Inventory reserves

 

 

(1,312)

 

 

(1,448)

 

 

 

 

 

 

 

Total inventory, net

 

$

83,373 

 

$

101,070