CMC(CMC) - 2024 Q3 - Quarterly Report

NOTE 8. DERIVATIVES The decrease in fair value of the Company's commodity derivatives reported within other noncurrent assets is primarily due to the decrease in the value of a significant input used to measure the fair value of the Company's Level 3 commodity derivatives at May 31, 2024 as compared to August 31, 2023. See Note 9, Fair Value, for further discussion of the measurement of the fair value of the Company's Level 3 commodity derivatives. | --- | --- | --- | --- | --- | --- | --- | --- | |-------- ...