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BUSINESS SEGMENTS (Summary of Certain Financial Information from Continuing Operations by Reportable Segment) (Details) - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Aug. 31, 2017
Segment Reporting Information [Line Items]      
Net sales $ 1,238,519 $ 994,091  
Adjusted operating profit (loss) from continuing operations 57,097 20,555  
Total assets 2,898,576   $ 2,975,131
Continuing Operations      
Segment Reporting Information [Line Items]      
Net sales 1,238,519 994,091  
Adjusted operating profit (loss) from continuing operations   20,555  
Total assets [1] 2,880,981   2,948,572
Americas Recycling      
Segment Reporting Information [Line Items]      
Net sales 274,330 154,362  
Adjusted operating profit (loss) from continuing operations 9,928 (5,098)  
Total assets [1] 284,905   234,350
Americas Mills      
Segment Reporting Information [Line Items]      
Net sales 246,733 203,331  
Adjusted operating profit (loss) from continuing operations 40,764 36,949  
Total assets [1] 1,008,618   933,022
Americas Fabrication      
Segment Reporting Information [Line Items]      
Net sales 330,552 335,277  
Adjusted operating profit (loss) from continuing operations (4,782) 6,711  
Total assets [1] 671,457   683,609
International Mill      
Segment Reporting Information [Line Items]      
Net sales 220,200 134,190  
Adjusted operating profit (loss) from continuing operations 23,393 9,973  
Total assets [1] 461,021   462,190
International Marketing and Distribution      
Segment Reporting Information [Line Items]      
Net sales 162,506 165,181  
Adjusted operating profit (loss) from continuing operations 10,531 (3,758)  
Total assets [1] 302,051   351,716
Corporate      
Segment Reporting Information [Line Items]      
Net sales 4,198 1,750  
Adjusted operating profit (loss) from continuing operations (21,168) (24,013)  
Total assets [1] 661,769   677,691
Eliminations      
Segment Reporting Information [Line Items]      
Net sales 0 0  
Adjusted operating profit (loss) from continuing operations (1,569) (209)  
Total assets [1] (508,840)   (394,006)
Intersegment | Continuing Operations      
Segment Reporting Information [Line Items]      
Net sales 0 0  
Intersegment | Americas Recycling      
Segment Reporting Information [Line Items]      
Net sales 45,004 22,346  
Intersegment | Americas Mills      
Segment Reporting Information [Line Items]      
Net sales 166,785 143,834  
Intersegment | Americas Fabrication      
Segment Reporting Information [Line Items]      
Net sales 2,227 3,123  
Intersegment | International Mill      
Segment Reporting Information [Line Items]      
Net sales 267 211  
Intersegment | International Marketing and Distribution      
Segment Reporting Information [Line Items]      
Net sales 792 1,656  
Intersegment | Corporate      
Segment Reporting Information [Line Items]      
Net sales 0 0  
Intersegment | Eliminations      
Segment Reporting Information [Line Items]      
Net sales (215,075) (171,170)  
Segments | Continuing Operations      
Segment Reporting Information [Line Items]      
Net sales 1,238,519 994,091  
Adjusted operating profit (loss) from continuing operations 57,097    
Segments | Americas Recycling      
Segment Reporting Information [Line Items]      
Net sales 319,334 176,708  
Segments | Americas Mills      
Segment Reporting Information [Line Items]      
Net sales 413,518 347,165  
Segments | Americas Fabrication      
Segment Reporting Information [Line Items]      
Net sales 332,779 338,400  
Segments | International Mill      
Segment Reporting Information [Line Items]      
Net sales 220,467 134,401  
Segments | International Marketing and Distribution      
Segment Reporting Information [Line Items]      
Net sales 163,298 166,837  
Segments | Corporate      
Segment Reporting Information [Line Items]      
Net sales 4,198 1,750  
Segments | Eliminations      
Segment Reporting Information [Line Items]      
Net sales (215,075) $ (171,170)  
Discontinued operations      
Segment Reporting Information [Line Items]      
Assets from discontinued operations $ 17,600   $ 26,600
[1] Excludes total assets from discontinued operations of $17.6 million at November 30, 2017 and $26.6 million at August 31, 2017.