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SEGMENT INFORMATION (Tables)

12 Months Ended

Aug. 31, 2025

Segment Reporting [Abstract]

Summary of certain financial information from continuing operations by reportable segment

The following tables present net sales and the significant expense categories that are included in adjusted EBITDA and regularly provided to the Company's CODM:

						Year Ended August 31, 2025
(in thousands)						North America Steel Group						Emerging Businesses Group						Europe Steel Group						Total
Net sales to external customers						$	6,083,849					$	747,486					$	918,320					$	7,749,655
Intersegment net sales						66,953						58,596						2,839						128,388
						$	6,150,802					$	806,082					$	921,159					$	7,878,043
Reconciliation of net sales
Corporate and Other, excluding eliminations																								48,825
Eliminations																								(128,388)
Total consolidated net sales																								$	7,798,480
Less:
Cost of goods sold						5,286,310						547,607						859,269
Selling, general and administrative expenses						316,900						168,718						27,358
Add:
Depreciation and amortization(1)						197,314						43,744						34,746
Asset impairments(1)						383						4,220						4
Unrealized gain on undesignated commodity hedges(1)						(2,804)						—						—
Adjusted EBITDA reportable segments						$	742,485					$	137,721					$	69,282					$	949,488
Reconciliation of profit or loss
Interest expense																								45,498
Depreciation and amortization																								285,877
Asset impairments																								4,607
Unrealized gain on undesignated commodity hedges																								(2,804)
Corporate and Other expenses																								508,765
Earnings before income taxes																								$	107,545
Capital expenditures						$	323,517					$	38,315					$	33,613
Assets						$	4,306,295					$	883,232					$	750,370

__________________________________

(1) Depreciation and amortization, asset impairments and unrealized gain on undesignated commodity hedges are included in either cost of goods sold or SG&A expenses when those expenses are provided to the CODM.

						Year Ended August 31, 2024
(in thousands)						North America Steel Group						Emerging Businesses Group						Europe Steel Group						Total
Net sales to external customers						$	6,309,730					$	717,397					$	848,566					$	7,875,693
Intersegment net sales						73,376						33,357						3,044						109,777
						$	6,383,106					$	750,754					$	851,610					$	7,985,470
Reconciliation of net sales
Corporate and Other, excluding eliminations																								50,279
Eliminations																								(109,777)
Total consolidated net sales																								$	7,925,972
Less:
Cost of goods sold						5,319,787						512,883						839,872
Selling, general and administrative expenses						316,224						152,286						23,448
Add:
Depreciation and amortization(1)						192,697						43,945						34,077
Asset impairments(1)						6,558						—						150
Unrealized gain on undesignated commodity hedges(1)						(1,962)						—						—
Adjusted EBITDA reportable segments						$	944,388					$	129,530					$	22,517					$	1,096,435
Reconciliation of profit or loss
Interest expense																								47,893
Depreciation and amortization																								280,367
Asset impairments																								6,708
Unrealized gain loss on undesignated commodity hedges																								(1,962)
Corporate and Other expenses																								127,758
Earnings before income taxes																								$	635,671
Capital expenditures						$	250,599					$	20,479					$	44,726
Assets						$	4,219,603					$	861,025					$	677,697

__________________________________

(1) Depreciation and amortization, asset impairments and unrealized gain on undesignated commodity hedges are included in either cost of goods sold or SG&A expenses when those expenses are provided to the CODM.

						Year Ended August 31, 2023
(in thousands)						North America Steel Group						Emerging Businesses Group						Europe Steel Group						Total
Net sales to external customers						$	6,704,305					$	721,746					$	1,328,791					$	8,754,842
Intersegment net sales						93,522						22,802						2,353						118,677
						$	6,797,827					$	744,548					$	1,331,144					$	8,873,519
Reconciliation of net sales
Corporate and Other, excluding eliminations																								44,691
Eliminations																								(118,677)
Total consolidated net sales																								$	8,799,533
Less:
Cost of goods sold						$	5,302,100					$	509,905					$	1,290,825
Selling, general and administrative expenses						307,420						136,383						24,500
Add:
Depreciation and amortization(1)						136,391						40,725						32,607
Asset impairments(1)						3,733						—						47
Unrealized loss on undesignated commodity hedges(1)						3,122						—						—
Adjusted EBITDA reportable segments						$	1,331,553					$	138,985					$	48,473					$	1,519,011
Reconciliation of profit or loss
Interest expense																								40,127
Depreciation and amortization																								218,830
Asset impairments																								3,780
Unrealized loss on undesignated commodity hedges																								3,122
Corporate and Other expenses																								131,185
Earnings before income taxes																								$	1,121,967
Capital expenditures						$	535,927					$	19,986					$	37,600
Assets						$	4,166,521					$	874,330					$	927,468

__________________________________

(1) Depreciation and amortization, asset impairments and unrealized loss on undesignated commodity hedges are included in either cost of goods sold or SG&A expenses when those expenses are provided to the CODM.

The following tables present a reconciliation of certain financial information to consolidated totals for the reportable segments:

						Year Ended August 31, 2025
(in thousands)						Reportable Segments Total						Corporate and Other						Consolidated Total
Depreciation and amortization						$	275,804					$	10,073					$	285,877
Asset impairments						4,607						—						4,607
Capital expenditures						395,445						7,376						402,821
Assets						5,939,897						1,231,937						7,171,834

						Year Ended August 31, 2024
(in thousands)						Reportable Segments Total						Corporate and Other						Consolidated Total
Depreciation and amortization						$	270,719					$	9,648					$	280,367
Asset impairments						6,708						—						6,708
Capital expenditures						315,804						8,467						324,271
Assets						5,758,325						1,059,514						6,817,839

						Year Ended August 31, 2023
(in thousands)						Reportable Segments Total						Corporate and Other						Consolidated Total
Depreciation and amortization						$	209,723					$	9,107					$	218,830
Asset impairments						3,780						—						3,780
Capital expenditures						593,513						13,152						606,665
Assets						5,968,319						670,775						6,639,094

Net sales by major product

The following tables display net sales to external customers by reportable segment and Corporate and Other, disaggregated by major product:

						Year Ended August 31, 2025
(in thousands)						North America Steel Group						Emerging Businesses Group						Europe Steel Group						Corporate and Other						Total
Major product:
Raw materials						$	1,305,753					$	—					$	22,859					$	—					$	1,328,612
Steel products						2,564,107						—						727,372						—						3,291,479
Downstream products						1,993,761						163,409						129,841						—						2,287,011
Construction products						—						304,130						—						—						304,130
Ground stabilization solutions						—						261,738						—						—						261,738
Other						220,228						18,209						38,248						48,825						325,510
Net sales to external customers						6,083,849						747,486						918,320						48,825						7,798,480
Intersegment net sales, eliminated in consolidation						66,953						58,596						2,839						(128,388)						—
Net sales						$	6,150,802					$	806,082					$	921,159					$	(79,563)					$	7,798,480

						Year Ended August 31, 2024
(in thousands)						North America Steel Group						Emerging Businesses Group						Europe Steel Group						Corporate and Other						Total
Major product:
Raw materials						$	1,311,995					$	—					$	17,943					$	—					$	1,329,938
Steel products						2,564,472						—						672,886						—						3,237,358
Downstream products						2,217,621						157,644						121,431						—						2,496,696
Construction products						—						290,304						—						—						290,304
Ground stabilization solutions						—						250,941						—						—						250,941
Other						215,642						18,508						36,306						50,279						320,735
Net sales to external customers						6,309,730						717,397						848,566						50,279						7,925,972
Intersegment net sales, eliminated in consolidation						73,376						33,357						3,044						(109,777)						—
Net sales						$	6,383,106					$	750,754					$	851,610					$	(59,498)					$	7,925,972

						Year Ended August 31, 2023
(in thousands)						North America Steel Group						Emerging Businesses Group						Europe Steel Group						Corporate and Other						Total
Major product:
Raw materials						$	1,324,373					$	—					$	21,010					$	—					$	1,345,383
Steel products						2,776,572						—						1,069,130						—						3,845,702
Downstream products						2,417,045						118,321						194,414						—						2,729,780
Construction products						—						332,940						—						—						332,940
Ground stabilization solutions						—						256,148						—						—						256,148
Other						186,315						14,337						44,237						44,691						289,580
Net sales to external customers						6,704,305						721,746						1,328,791						44,691						8,799,533
Intersegment net sales, eliminated in consolidation						93,522						22,802						2,353						(118,677)						—
Net sales						$	6,797,827					$	744,548					$	1,331,144					$	(73,986)					$	8,799,533

External net sales from continuing operations by geographic area

The Company allocates net sales to external customers based on the location of the customer. The following table presents net sales by geographic area of the Company's customers:

						Year Ended August 31,
(in thousands)						2025						2024						2023
Geographic area:
United States						$	6,216,096					$	6,465,388					$	6,894,990
Poland						617,623						583,320						941,806
Other						964,761						877,264						962,737
Net sales						$	7,798,480					$	7,925,972					$	8,799,533

Long-lived assets by geographic area

The following table presents long-lived assets, net of accumulated depreciation and amortization, by geographic area:

						August 31,
(in thousands)						2025						2024						2023
Geographic area:
United States						$	2,650,327					$	2,499,949					$	2,343,606
Poland						256,248						236,326						209,966
Other						37,780						43,026						39,704
Total long-lived assets, net						$	2,944,355					$	2,779,301					$	2,593,276

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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