XML 80 R58.htm IDEA: XBRL DOCUMENT v3.23.1

RELATED-PARTY TRANSACTIONS (Tables)

12 Months Ended

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

​

X

- Definition

The disclosure of information about guarantees granted.

+ References

No definition available.

+ Details

Name:	ggb_DisclosureOfInformationAboutGuaranteesGrantedTableTextBlock
Namespace Prefix:	ggb_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of information about key management personnel. [Refer: Key management personnel of entity or parent [member]]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2022-03-24
-Paragraph 10
-Subparagraph e
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 24
-IssueDate 2022-03-24
-Paragraph 18
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=24&code=ifrs-tx-2022-en-r&anchor=para_18&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration