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Inventory (Tables)
9 Months Ended
Sep. 30, 2021
Inventory Disclosure [Abstract]  
Major Classes of Inventory Inventories consisted of the following:

 

 

 

September 30,

 

December 31,

(in thousands)

 

2021

 

2020

 

 

 

 

 

 

 

Raw materials and starting stock

 

$

14,771

 

$

9,286

Semi-finished and finished steel products

 

 

114,434

 

 

94,928

Operating materials

 

 

11,185

 

 

11,502

 

 

 

 

 

 

 

Gross inventory

 

 

140,390

 

 

115,716

Inventory reserves

 

 

(4,786)

 

 

(4,336)

 

 

 

 

 

 

 

Total inventory, net

 

$

135,604

 

$

111,380