XML 169 R72.htm IDEA: XBRL DOCUMENT v3.24.1
ACQUISITION OF BUSINESS – INCREASE OF THE PARTICIPATION IN USIMINAS CONTROL GROUP AND NEW GOVERNANCE STRUCTURE OF USIMINAS - Disclosure of Detailed Information About Business Combination (Details) - USD ($)
$ in Thousands
12 Months Ended
Jul. 03, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Disclosure of detailed information about business combination [line items]        
Inventories   $ 1,707,311 $ 0 $ 0
Usiminas        
Disclosure of detailed information about business combination [line items]        
Property, plant and equipment (note 12) $ 904,780      
Investments in non-consolidated companies 400,037      
Inventories 1,707,311      
Cash and cash equivalents 781,072      
Other investments 247,005      
Trade receivables 764,257      
Allowance for doubtful accounts (44,626)      
Other receivables 854,917      
Deferred tax assets 1,327,232      
Borrowings (1,224,399)      
Provisions (856,153)      
Trade and other payables recognised as of acquisition date (758,687)      
Other assets and liabilities, net (509,486)      
Net loss effect related to the increase of the participation in Usiminas 3,593,260      
Non-controlling interest (2,818,358)      
Remeasurement of previously held interest in Usiminas 385,851      
Total Purchase consideration (118,686)      
Bargain purchase gain 270,365      
Loss on the remeasurement of previously held interest in Usiminas (441,410)      
Effect related to the increase of the participation in Usiminas $ (171,045) $ (171,045) $ 0 $ 0