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BUSINESS SEGMENTS (Summary of Certain Financial Information from Continuing Operations by Reportable Segment) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Aug. 31, 2015
May. 31, 2015
[1]
Feb. 28, 2015
[1]
Nov. 30, 2014
[1]
Aug. 31, 2014
May. 31, 2014
[1]
Feb. 28, 2014
[1]
Nov. 30, 2013
[1]
Aug. 31, 2015
Aug. 31, 2014
Aug. 31, 2013
Segment Reporting Information [Line Items]                      
Net sales $ 1,411,496 [1] $ 1,506,002 $ 1,391,117 $ 1,679,990 $ 1,837,309 [1] $ 1,738,593 $ 1,597,461 $ 1,617,075 $ 5,988,605 $ 6,790,438 $ 6,601,070
Interest expense                 77,760 77,037 68,439
Capital expenditures                 119,580 101,749 89,035
Total assets 3,372,302       3,688,520       3,372,302 3,688,520  
Continuing Operations                      
Segment Reporting Information [Line Items]                      
Net sales                 5,988,605 6,790,438 6,601,070
Americas Recycling                      
Segment Reporting Information [Line Items]                      
Net sales                 887,068 1,176,907 1,225,604
Americas Mills                      
Segment Reporting Information [Line Items]                      
Net sales                 1,048,063 1,198,249 1,060,337
Americas Fabrication                      
Segment Reporting Information [Line Items]                      
Net sales                 1,612,084 1,523,573 1,427,785
International Mill                      
Segment Reporting Information [Line Items]                      
Net sales                 626,219 822,224 819,889
International Marketing and Distribution                      
Segment Reporting Information [Line Items]                      
Net sales                 1,814,319 2,055,202 2,055,623
Corporate                      
Segment Reporting Information [Line Items]                      
Net sales                 852 14,283 11,832
Eliminations                      
Segment Reporting Information [Line Items]                      
Net sales                 0 0 0
Segments | Continuing Operations                      
Segment Reporting Information [Line Items]                      
Net sales                 5,988,605 6,790,438 6,601,070
Adjusted operating profit (loss)                 323,835 232,687 234,148
Interest expense [2]                 77,760 77,037 68,439
Capital expenditures [3]                 115,800 101,149 87,653
Depreciation and amortization [4]                 142,342 137,527 135,401
Total assets [5] 3,340,777       3,537,380       3,340,777 3,537,380 3,331,699
Segments | Americas Recycling                      
Segment Reporting Information [Line Items]                      
Net sales                 1,022,621 1,367,070 1,391,749
Adjusted operating profit (loss)                 (18,637) (3,222) 3,170
Interest expense [2]                 2,628 2,700 9
Capital expenditures [3]                 12,811 16,771 21,261
Depreciation and amortization [4]                 24,954 16,424 13,453
Total assets [5] 251,793       296,564       251,793 296,564 309,599
Segments | Americas Mills                      
Segment Reporting Information [Line Items]                      
Net sales                 1,841,812 1,991,334 1,819,520
Adjusted operating profit (loss)                 304,272 247,703 204,333
Interest expense [2]                 4,207 7,059 (101)
Capital expenditures [3]                 67,203 31,781 37,216
Depreciation and amortization [4]                 46,780 45,392 42,925
Total assets [5] 672,322       647,437       672,322 647,437 598,478
Segments | Americas Fabrication                      
Segment Reporting Information [Line Items]                      
Net sales                 1,624,238 1,537,485 1,442,691
Adjusted operating profit (loss)                 39,183 6,196 28,033
Interest expense [2]                 8,864 10,222 83
Capital expenditures [3]                 14,883 13,798 5,605
Depreciation and amortization [4]                 19,094 19,192 22,302
Total assets [5] 687,884       691,765       687,884 691,765 631,510
Segments | International Mill                      
Segment Reporting Information [Line Items]                      
Net sales                 626,251 823,193 826,044
Adjusted operating profit (loss)                 17,555 30,632 890
Interest expense [2]                 2,620 4,608 992
Capital expenditures [3]                 15,413 30,770 15,155
Depreciation and amortization [4]                 28,211 32,776 33,238
Total assets [5] 403,706       466,449       403,706 466,449 487,613
Segments | International Marketing and Distribution                      
Segment Reporting Information [Line Items]                      
Net sales                 1,897,617 2,120,537 2,094,177
Adjusted operating profit (loss)                 57,885 24,027 63,327
Interest expense [2]                 9,096 6,924 3,200
Capital expenditures [3]                 296 1,122 864
Depreciation and amortization [4]                 2,551 2,500 2,387
Total assets [5] 802,007       803,263       802,007 803,263 724,963
Segments | Corporate                      
Segment Reporting Information [Line Items]                      
Net sales                 852 14,283 11,832
Adjusted operating profit (loss)                 (77,832) (72,347) (66,453)
Interest expense [2]                 50,345 45,524 64,256
Capital expenditures [3]                 5,194 6,907 7,552
Depreciation and amortization [4]                 20,752 21,243 21,096
Total assets [5] 1,075,642       1,100,995       1,075,642 1,100,995 1,075,594
Segments | Eliminations                      
Segment Reporting Information [Line Items]                      
Net sales                 (1,024,786) (1,063,464) (984,943)
Adjusted operating profit (loss)                 1,409 (302) 848
Interest expense [2]                 0 0 0
Capital expenditures [3]                 0 0 0
Depreciation and amortization [4]                 0 0 0
Total assets [5] $ (552,577)       $ (469,093)       (552,577) (469,093) (496,058)
Intersegment | Continuing Operations                      
Segment Reporting Information [Line Items]                      
Net sales                 0 0 0
Intersegment | Americas Recycling                      
Segment Reporting Information [Line Items]                      
Net sales                 135,553 190,163 166,145
Intersegment | Americas Mills                      
Segment Reporting Information [Line Items]                      
Net sales                 793,749 793,085 759,183
Intersegment | Americas Fabrication                      
Segment Reporting Information [Line Items]                      
Net sales                 12,154 13,912 14,906
Intersegment | International Mill                      
Segment Reporting Information [Line Items]                      
Net sales                 32 969 6,155
Intersegment | International Marketing and Distribution                      
Segment Reporting Information [Line Items]                      
Net sales                 83,298 65,335 38,554
Intersegment | Corporate                      
Segment Reporting Information [Line Items]                      
Net sales                 0 0 0
Intersegment | Eliminations                      
Segment Reporting Information [Line Items]                      
Net sales                 $ (1,024,786) $ (1,063,464) $ (984,943)
[1] Excludes divisions classified as discontinued operations. See Note 10, Businesses Held for Sale, Discontinued Operations and Dispositions.
[2] Includes intercompany interest expense (income) in the segments and is all eliminated within Corporate.
[3] Excludes capital expenditures from discontinued operations that were immaterial for the year ended August 31, 2015, 2014 and 2013.
[4] Includes asset impairment charges.
[5] Excludes total assets from discontinued operations of $31.5 million at August 31, 2015, $151.1 million at August 31, 2014 and $163.1 million at August 31, 2013.