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RELATED-PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2023

RELATED-PARTY TRANSACTIONS

Schedule of intercompany loans

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​	​	​	​	​	​	​
​		​	​	​	​	​
Liabilities	​	​	​	​	​	​
Joint ventures	​	Maturity		2023		2022
Bradley Steel Processors Inc.	​	August 1, 2024	​	(24,992)	​	(24,890)
​	​	​	​	(24,992)	​	(24,890)

​

​	​	​	​	​	​	​
​		2023		2022		2021
Net financial (expense) income		—		(199)		6,089

Summary of guarantees granted

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Original

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Related Party

Relationship

Object

Amount

Maturity

2023

2022

2021

Gerdau Aços Longos S.A

​

Subsidiary

​

Financing Agreements

​

437

​

Jan-24

​

437

​

—

​

—

Gerdau Aços Longos S.A and Gerdau Açominas S.A

​

Subsidiary

​

Commercial Contract

​

59,644

​

Mar-24

​

63,024

​

50,644

​

—

Gerdau Aços Longos S.A and Gerdau Açominas S.A

​

Subsidiary

​

Commercial Contract

​

35,451

​

Mar-24

​

35,451

​

33,550

​

—

Gerdau Aços Longos S.A.

​

Subsidiary

​

Financing Agreements

​

150,000

​

apr/24

​

150,000

​

—

​

—

Gerdau Açominas S.A.

​

Subsidiary

​

Financing Agreements

​

400,000

​

Nov-24

​

400,000

​

400,000

​

—

Gerdau Aços Longos S.A.

​

Subsidiary

​

Financing Agreements

​

400,000

​

Nov-24

​

400,000

​

400,000

​

—

Gerdau Açominas S.A.

​

Subsidiary

​

Financing Agreements

​

375,000

​

may/25

​

375,000

​

—

​

—

Gerdau Aços Longos S.A.

​

Subsidiary

​

Financing Agreements

​

375,000

​

may/25

​

375,000

​

—

​

—

Gerdau Aços Longos S.A.

​

Subsidiary

​

Financing Agreements

​

400,000

​

Nov-25

​

400,000

​

400,000

​

400,000

Gerdau Corsa S.A.P.I. de C.V.

​

Joint Venture

​

Financing Agreements

​

591,588

​

sep/26

​

648,322

​

629,255

​

2,157,290

Gerdau Trade Inc.

​

Subsidiary

​

Financing Agreements

​

4,730,775

​

sep27

​

—

​

—

​

—

Gerdau Trade Inc.

​

Subsidiary

​

Financing Agreements

​

2,056,535

​

oct/27

​

2,064,877

​

2,225,417

​

2,771,455

GUSAP III LP.

​

Subsidiary

​

Financing Agreements

​

2,100,600

​

Jan-30

​

2,410,967

​

2,598,415

​

2,790,250

Gerdau Ameristeel US Inc.

​

Subsidiary

​

Financing Agreements

​

103,505

​

oct/37

​

246,906

​

266,103

​

284,606

Gerdau Aços Longos S.A.

​

Subsidiary

​

Financing Agreements

​

12,834

​

Jun-38

​

12,216

​

12,216

​

12,516

GUSAP III LP.

​

Subsidiary

​

Financing Agreements

​

1,117,100

​

apr/44

​

2,328,873

​

2,509,938

​

2,790,250

Schedule of changes in Restricted and Performance Shares with key management

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​	​	​	​	​	​	​
​		2023		2022		2021
Available at beginning of the year		3,415,166		3,712,436	​	6,456,248
Granted		2,705,702	​	840,496	​	709,990
Exercised		(938,953)	​	(1,135,503)	​	(3,453,802)
Cancelled	​	(404,922)	​	(2,262)	​	—
Share Bonus	​	168,859	​	—	​	—
Available at the end of the year		4,945,852	​	3,415,166	​	3,712,436

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