Inventories, net (Tables)

3 Months Ended

Nov. 30, 2012

Inventory, Net [Abstract]

Schedule of Inventory, Current [Table Text Block]

Inventories, net consisted of the following (in thousands):

	November 30, 2012		August 31, 2012
Processed and unprocessed scrap metal	$	209,067	$	152,930
Semi-finished steel products (billets)	4,950		7,328
Finished goods	51,797		49,988
Supplies	36,812		36,746
Inventories, net	$	302,626	$	246,992