Inventory (Tables)

6 Months Ended

Jun. 30, 2013

Inventories

Inventories consisted of the following:

	June 30,		December 31,
(in thousands)	2013		2012
Raw materials and starting stock	$	6,965	$	8,292
Semi-finished and finished steel products		79,848		79,870
Operating supplies		8,335		7,587
Total inventory, net	$	95,148	$	95,749