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20. SHAREHOLDERS' EQUITY (Tables)
 12 Months Ended
Dec. 31, 2018
Shareholders Equity Tables Abstract  
Ownership structure

            12/31/2018           12/31/2017
    Number of common shares   % of total shares   % of voting capital   Number of common shares   % of total shares   % of voting capital
Vicunha Aços S.A. (*)   679,522,254   48.97%   49.24%   682,855,454   49.21%   50.32%
Rio Iaco Participações S.A. (*)   58,193,503   4.19%   4.22%   58,193,503   4.19%   4.29%
NYSE (ADRs)   284,152,319   20.48%   20.59%   303,590,364   21.88%   22.37%
Other shareholders   358,246,471   25.82%   25.95%   312,493,726   22.52%   23.02%
Total shares outstanding    1,380,114,547   99.47%   100.00%    1,357,133,047   97.81%   100.00%
Treasury shares   7,409,500   0.53%       30,391,000   2.19%    
Total shares    1,387,524,047   100.00%        1,387,524,047   100.00%    
Share buyback programs
Program   Board’s Authorization   Authorized quantity   Program period   Average buyback price   Minimum and maximum buyback price   Number bought back   Share cancelation   Disposal of shares   Balance in treasury
1º   3/13/2014      70,205,661   From 3/14/2014 to 4/14/2014   R$ 9.34   R$ 9,22 and R$ 9,45         2,350,000               2,350,000
2º   4/15/2014      67,855,661   From 4/16/2014 to 5/23/2014   R$ 8.97   R$ 8,70 and R$ 9,48         9,529,500             11,879,500
3º   5/23/2014      58,326,161   From 5/26/2014 to 6/25/2014   R$ 9.21   R$ 8,61 and R$ 9,72       31,544,500             43,424,000
4º   6/26/2014      26,781,661   From 6/26/2014 to 7/17/2014   R$ 10.42   R$ 9,33 and R$ 11,54       26,781,661             70,205,661
    7/18/2014           Not applicable   Not applicable           60,000,000 (1)       10,205,661
5º   7/18/2014      64,205,661   From 7/18/2014 to 8/18/2014    R$ 11.40   R$ 11.40            240,400             10,446,061
    8/18/2014           Not applicable   Not applicable           10,446,061 (1)      
6º   8/18/2014      63,161,055   From 8/19/2014 to 9/25/2014    R$ 9.82   R$ 9,47 and R$ 10,07         6,791,300               6,791,300
7º   9/29/2014      56,369,755   From 9/29/2014 to 2/29/2014    R$ 7.49   R$ 4,48 and R$ 9,16       21,758,600             28,549,900
8º   12/30/2014      34,611,155   From 12/31/2014 to 3/31/2015    R$ 5.10   R$ 4,90 and R$ 5,39         1,841,100             30,391,000
9º (*)   03/31/2015      32,770,055   From 4/01/2015 to 6/30/2015                          30,391,000
    04/20/2018      30,391,000   From 4/20/2018 to 4/30/2018   Não aplicável   Não aplicável   R$ 0.00   R$ 0.00     22,981,500 (2)     7,409,500
Position of treasury shares
Quantity purchased (Units)   Amount paid for the shares   Share price   Market value of shares in 12/31/2018 (*)
     
    Minimum   Maximum   Average    
                7,409,500   R$ 58,264    R$       4.48    R$ 10.07    R$           7.86   R$ 65,500
Basic earnings (loss) per share
  12/31/2018   12/31/2017   12/31/2016
  Common Shares 
(Loss) profit for the year  
Continued operations 5,074,136   10,272   (925,186)
Discontinued operations -   -   (9,561)
               5,074,136                     10,272   (934,747)
Weighted average number of shares       1,373,250,595         1,357,133,047   1,357,133,047
Basic and diluted EPS                         
Continued Operations 3.69498                   0.00757   (0.68172)
Discontinued Operations -   -   (0.00704)
  3.69498   0.00757   (0.68876)