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Short-term debt	12 Months Ended
	Dec. 31, 2020
Disclosure of detailed information about borrowings [abstract]
Short-term debt	12. Short-term debt On October 22, 1997 and August 17, 1998, the Company offered the holders of medium-term notes of Simec then outstanding to exchange their bonds at par for new subordinated bonds. The new notes bear semi-annual interest at an annual rate of 10.5% interest and principal repayments were semiannual from May 15, 2000 until November 15, 2007. At December 31, 2020 and 2019, the amount of such notes outstanding totaled USD$ 0.3 million, plus accrued interest. At December 31, 2020 and 2019, liabilities in pesos for the new notes outstanding amounted $ 6,020 and $ 5,700, respectively.

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- Definition

The disclosure of borrowings. [Refer: Borrowings]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
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-IssueDate 2020-01-01
-Paragraph 10
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- References

No definition available.

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