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v3.23.1

RELATED-PARTY TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2022
RELATED-PARTY TRANSACTIONS |
Schedule of intercompany loans | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Maturity |  | 2022 |  | 2021
Assets |  | ​ | ​ | ​ | ​ | ​
Others | ​ | ​ | ​ | ​ | ​ | ​
Fundação Gerdau | ​ | December 31, 2022 | ​ | — | ​ | 2,678
​ | ​ | ​ | ​ | — | ​ | 2,678
​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​ | ​ | ​ | ​
Joint ventures | ​ | ​ | ​ | ​ | ​ | ​
Bradley Steel Processors Inc. | ​ | August 1, 2023 | ​ | (24,890) | ​ | (24,648)
​ | ​ | ​ | ​ | (24,890) | ​ | (24,648)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
Net financial income |  | (199) |  | 6,089 |  | 8,277
​
Summary of guarantees granted | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Original | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related Party |  | Relationship |  | Object |  | Amount |  | Maturity |  | 2022 |  | 2021 |  | 2020
Gerdau Aços Longos S.A e Gerdau Açominas S.A | ​ | Subsidiary | ​ | Commercial Contract | ​ | 59,644 | ​ | mar/23 | ​ | 50,644 | ​ | — | ​ | —
Gerdau Aços Longos S.A e Gerdau Açominas S.A | ​ | Subsidiary | ​ | Commercial Contract | ​ | 33,550 | ​ | mar/23 | ​ | 33,550 | ​ | — | ​ | —
Gerdau Trade Inc. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 1,484,250 | ​ | abr/23 | ​ | 982,378 | ​ | 1,099,258 | ​ | —
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 400,000 | ​ | nov/25 | ​ | 400,000 | ​ | 400,000 | ​ | —
Gerdau Açominas S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 400,000 | ​ | set/26 | ​ | 400,000 | ​ | — | ​ | —
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 400,000 | ​ | set/26 | ​ | 400,000 | ​ | — | ​ | —
Gerdau Trade Inc. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 2,056,535 | ​ | out/27 | ​ | 2,225,417 | ​ | 2,771,455 | ​ | —
Gerdau Corsa S.A.P.I. de C.V. | ​ | Joint Venture | ​ | Financing Agreements | ​ | 5,322,363 | ​ | Set/27 | ​ | 629,255 | ​ | 2,157,290 | ​ | 2,242,865
GUSAP III LP. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 2,100,600 | ​ | jan/30 | ​ | 2,598,415 | ​ | 2,790,250 | ​ | —
Gerdau Ameristeel US Inc. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 103,505 | ​ | out/37 | ​ | 266,103 | ​ | 284,606 | ​ | —
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 12,834 | ​ | jun/38 | ​ | 12,216 | ​ | 12,516 | ​ | —
GTL Trade Finance Inc. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 1,117,100 | ​ | abr/44 | ​ | 2,509,938 | ​ | 2,790,250 | ​ | —
Gerdau Summit Aços Fundidos e Forjados S.A. | ​ | Joint-venture | ​ | Financing Agreements | ​ | 130,164 | ​ | Aug/25 | ​ | — | ​ | — | ​ | 30,125
​
Schedule of changes in Restricted and Performance Shares with key management | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
Available at beginning of the year |  | 3,712,436 |  | 6,456,248 | ​ | 6,717,872
Granted |  | 840,496 | ​ | 709,990 | ​ | 733,218
Exercised |  | (1,135,503) | ​ | (3,453,802) | ​ | (937,325)
Cancelled | ​ | (2,262) | ​ | — | ​ | (64,112)
Others | ​ | — | ​ | — | ​ | 6,595
Available at the end of the year |  | 3,415,166 | ​ | 3,712,436 | ​ | 6,456,248
​

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