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Inventory (Tables)
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
Major Classes of Inventory Inventories consisted of the following:

 

 

 

June 30,

 

December 31,

(in thousands)

 

2020

 

2019

 

 

 

 

 

 

 

Raw materials and starting stock

 

$

10,171

 

$

9,815

Semi-finished and finished steel products

 

 

116,077

 

 

127,713

Operating materials

 

 

12,664

 

 

13,090

 

 

 

 

 

 

 

Gross inventory

 

 

138,912

 

 

150,618

Inventory reserves

 

 

(3,840)

 

 

(3,216)

 

 

 

 

 

 

 

Total inventory, net

 

$

135,072

 

$

147,402