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Inventory
12 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
Inventory

Note 3: Inventory

The major classes of inventory are as follows:

 

December 31,

 

2018

 

 

2017

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Raw materials and starting stock

 

$

 

9,555

 

 

$

 

8,527

 

Semi-finished and finished steel products

 

 

 

115,627

 

 

 

 

99,820

 

Operating materials

 

 

 

12,515

 

 

 

 

10,850

 

Gross inventory

 

 

 

137,697

 

 

 

 

119,197

 

Inventory reserves

 

 

 

(2,959

)

 

 

 

(2,534

)

Total inventory, net

 

$

 

134,738

 

 

$

 

116,663