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Inventory (Tables)
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Major Classes of Inventory Inventories consisted of the following:

 

 

 

September 30,

 

December 31,

(in thousands)

 

2022

 

2021

 

 

 

 

 

 

 

Raw materials and starting stock

 

$

18,888

 

$

12,263

Semi-finished and finished steel products

 

 

129,733

 

 

122,396

Operating materials

 

 

13,660

 

 

10,620

 

 

 

 

 

 

 

Gross inventory

 

 

162,281

 

 

145,279

Inventory reserves

 

 

(3,414)

 

 

(4,595)

 

 

 

 

 

 

 

Total inventory, net

 

$

158,867

 

$

140,684