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INVENTORIES (Tables) | 12 Months Ended
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Dec. 31, 2019
INVENTORIES |
Schedule of inventories |
|  | 2019 |  | 2018
Finished products |  | 3,302,569 |  | 3,985,964
Work in progress |  | 1,426,607 |  | 1,688,794
Raw materials |  | 1,611,334 |  | 2,296,074
Storeroom supplies |  | 974,412 |  | 784,517
Imports in transit |  | 384,123 |  | 426,044
(-) Allowance for adjustments to net realizable value |  | (39,308) |  | (13,704)
|  | 7,659,737 |  | 9,167,689
Schedule of the changes in the allowance for adjustment to net realizable value of inventories |
Balance as of January 1, 2017 |  | (28,813)
Provision for the year |  | (26,545)
Reversal of adjustments to net realizable value |  | 46,740
Loss of control by joint venture creation |  | 392
Assets held for sale |  | 881
Exchange rate variation |  | 3,789
Balance as of December 31, 2017 |  | (3,556)
Provision for the year |  | (11,943)
Reversal of adjustments to net realizable value |  | 3,715
Exchange rate variation |  | (871)
Assets held for sale |  | (1,049)
Balance as of December 31, 2018 |  | (13,704)
Provision for the year |  | (46,693)
Reversal of adjustments to net realizable value |  | 22,028
Exchange rate variation |  | (939)
Balance as of December 31, 2019 |  | (39,308)

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