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INVENTORIES, NET (Details) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
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Subclassifications of assets, liabilities and equities [abstract] |  |  |  |
Raw materials, materials and spare parts | $ 606,429 | $ 731,901 |  |
Goods in process | 838,403 | 975,553 |  |
Finished goods | 313,257 | 396,401 |  |
Goods in transit | 302,302 | 116,610 |  |
Obsolescence allowance (Note 18) | (58,610) | (62,167) |  |
Inventories, net | $ 2,001,781 | $ 2,158,298 | $ 2,689,829 | $ 2,550,930

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- Definition A classification of current inventory representing the amount of goods that have completed the production process and are held for sale in the ordinary course of business. [Refer: Inventories] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 2 -IssueDate 2020-01-01 -Paragraph 37 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=2&code=ifrs-tx-2020-en-r&anchor=para_37&doctype=Standard -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 78 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_78_c&doctype=Standard -URIDate 2020-01-01 + Details
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- Definition A classification of current inventory representing the amount of assets currently in production, which require further processes to be converted into finished goods or services. [Refer: Current finished goods; Inventories] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 2 -IssueDate 2020-01-01 -Paragraph 37 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=2&code=ifrs-tx-2020-en-r&anchor=para_37&doctype=Standard -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 78 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_78_c&doctype=Standard -URIDate 2020-01-01 + Details
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