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Inventory (Tables)
3 Months Ended
Mar. 31, 2020
Inventory Disclosure [Abstract]  
Major Classes of Inventory Inventories consisted of the following:

 

 

 

March 31,

 

December 31,

(in thousands)

 

2020

 

2019

 

 

 

 

 

 

 

Raw materials and starting stock

 

$

11,108

 

$

9,815

Semi-finished and finished steel products

 

 

125,880

 

 

127,713

Operating materials

 

 

13,126

 

 

13,090

 

 

 

 

 

 

 

Gross inventory

 

 

150,114

 

 

150,618

Inventory reserves

 

 

(3,335)

 

 

(3,216)

 

 

 

 

 

 

 

Total inventory, net

 

$

146,779

 

$

147,402