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BUSINESS SEGMENTS (Summary of Certain Financial Information from Continuing Operations by Reportable Segment) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Feb. 28, 2017
Feb. 29, 2016
Aug. 31, 2016
Segment Reporting Information [Line Items]          
Net sales $ 1,149,621 $ 1,019,697      
Adjusted operating profit (loss) from continuing operations 52,271 29,968 $ 75,623 $ 86,029  
Total assets 3,131,833   3,131,833   $ 3,130,869
Continuing Operations          
Segment Reporting Information [Line Items]          
Net sales 1,149,621 1,019,697 2,224,684 2,174,556  
Adjusted operating profit (loss) from continuing operations 52,271 29,968 75,623 86,029  
Total assets [1] 3,130,874   3,130,874   3,124,082
Americas Recycling          
Segment Reporting Information [Line Items]          
Net sales 188,502 119,641 342,864 274,477  
Adjusted operating profit (loss) from continuing operations 7,766 (7,645) 2,668 (14,193)  
Total assets [1] 214,630   214,630   188,873
Americas Mills          
Segment Reporting Information [Line Items]          
Net sales 220,607 189,549 423,938 407,190  
Adjusted operating profit (loss) from continuing operations 51,319 50,699 88,268 109,763  
Total assets [1] 865,428   865,428   798,481
Americas Fabrication          
Segment Reporting Information [Line Items]          
Net sales 301,382 333,961 636,659 713,442  
Adjusted operating profit (loss) from continuing operations 506 14,825 7,217 36,170  
Total assets [1] 657,917   657,917   659,165
International Mill          
Segment Reporting Information [Line Items]          
Net sales 134,125 107,458 268,315 227,906  
Adjusted operating profit (loss) from continuing operations 9,430 1,951 19,403 4,722  
Total assets [1] 389,184   389,184   372,492
International Marketing and Distribution          
Segment Reporting Information [Line Items]          
Net sales 301,163 271,955 547,316 552,017  
Adjusted operating profit (loss) from continuing operations 6,143 (2,293) 5,177 (4,462)  
Total assets [1] 591,769   591,769   564,068
Corporate          
Segment Reporting Information [Line Items]          
Net sales 3,842 (2,867) 5,592 (476)  
Adjusted operating profit (loss) from continuing operations (22,317) (28,801) (46,330) (46,873)  
Total assets [1] 935,452   935,452   1,034,053
Eliminations          
Segment Reporting Information [Line Items]          
Net sales 0 0 0 0  
Adjusted operating profit (loss) from continuing operations (576) 1,232 (780) 902  
Total assets [1] (523,506)   (523,506)   (493,050)
Segments | Continuing Operations          
Segment Reporting Information [Line Items]          
Net sales 1,149,621 1,019,697 2,224,684 2,174,556  
Segments | Americas Recycling          
Segment Reporting Information [Line Items]          
Net sales 223,328 148,346 400,036 327,553  
Segments | Americas Mills          
Segment Reporting Information [Line Items]          
Net sales 376,593 336,429 723,758 720,961  
Segments | Americas Fabrication          
Segment Reporting Information [Line Items]          
Net sales 303,826 336,144 642,226 718,458  
Segments | International Mill          
Segment Reporting Information [Line Items]          
Net sales 134,305 107,458 268,706 227,906  
Segments | International Marketing and Distribution          
Segment Reporting Information [Line Items]          
Net sales 302,295 276,876 550,455 559,913  
Segments | Corporate          
Segment Reporting Information [Line Items]          
Net sales 3,842 (2,867) 5,592 (476)  
Segments | Eliminations          
Segment Reporting Information [Line Items]          
Net sales (194,568) (182,689) (366,089) (379,759)  
Intersegment | Continuing Operations          
Segment Reporting Information [Line Items]          
Net sales 0 0 0 0  
Intersegment | Americas Recycling          
Segment Reporting Information [Line Items]          
Net sales 34,826 28,705 57,172 53,076  
Intersegment | Americas Mills          
Segment Reporting Information [Line Items]          
Net sales 155,986 146,880 299,820 313,771  
Intersegment | Americas Fabrication          
Segment Reporting Information [Line Items]          
Net sales 2,444 2,183 5,567 5,016  
Intersegment | International Mill          
Segment Reporting Information [Line Items]          
Net sales 180 0 391 0  
Intersegment | International Marketing and Distribution          
Segment Reporting Information [Line Items]          
Net sales 1,132 4,921 3,139 7,896  
Intersegment | Corporate          
Segment Reporting Information [Line Items]          
Net sales 0 0 0 0  
Intersegment | Eliminations          
Segment Reporting Information [Line Items]          
Net sales (194,568) $ (182,689) (366,089) $ (379,759)  
Discontinued operations          
Segment Reporting Information [Line Items]          
Disposal Group, Including Discontinued Operation, Assets $ 1,000   $ 1,000   $ 6,800
[1] Excludes total assets from discontinued operations of $1.0 million at February 28, 2017 and $6.8 million at August 31, 2016.