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RELATED-PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2020

RELATED-PARTY TRANSACTIONS

Schedule of intercompany loans

		Maturity		2020		2019
Assets
Joint venture
Gerdau Corsa SAPI de C.V.		January 1, 2021		117,092		73,607
Others
Fundação Gerdau		December 31, 2022		17,262		21,838
				134,354		95,445
Liabilities
Joint venture
Bradley Steel Processors Inc.		August 1, 2021		(22,855)		-
				(22,855)		-

		2020		2019		2018
Net financial income		8,277		4,767		545

Summary of guarantees granted

						Original
Related Party		Relationship		Object		Amount		Maturity		2020		2019		2018
Gerdau Corsa S.A.P.I. de C.V.		Joint-venture		Financing Agreements		1,750,249		Oct/22 - Oct/24		2,242,865		1,784,868		1,933,929
Gerdau Summit Aços Fundidos e Forjados S.A.		Joint-venture		Financing Agreements		130,164		Aug/25		30,125		37,285		41,571
Gerdau Metaldom S.A. e Gerdau Corsa S.A.P.I. de C.V		Joint-venture		Financing Agreements		274,560		Feb/20		-		241,842		198,619

Schedule of key management compensation

		2020		2019
Available at beginning of the year		6,717,872		6,375,547
Granted		733,218		1,083,116
Exercised		(937,325)		(627,076)
Cancelled		(64,112)		(38,553)
Others		6,595		(75,163)
Available at the end of the year		6,456,248		6,717,872

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